Enbridge (TSE:ENB) Stock Rating Upgraded by US Capital Advisors

Key Points

• US Capital Advisors upgraded Enbridge from “hold” to “moderate buy” and forecast fiscal 2027 earnings of C$3.35 per share.
• Analyst sentiment remains mixed: four analysts rate Enbridge a Buy and eight rate it a Hold, resulting in a consensus “Hold” rating and an average price target of C$76.00.
• Enbridge shares rose 1.4% to open at C$70.47, while the company’s latest quarter showed C$0.63 EPS and C$29.32 billion in revenue.

Enbridge (TSE:ENB - Get Free Report) NYSE: ENB was upgraded by US Capital Advisors from a "hold" rating to a "moderate buy" rating in a report issued on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for Enbridge's Q3 2026 earnings at $0.60 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.95 EPS and FY2027 earnings at $3.35 EPS.

A number of other research analysts have also recently issued reports on the stock. TD lifted their target price on shares of Enbridge from C$79.00 to C$81.00 and gave the company a "hold" rating in a research note on Thursday, June 25th. Scotiabank raised their price target on Enbridge from C$78.00 to C$84.00 and gave the company a "sector outperform" rating in a report on Tuesday, July 21st. Raymond James Financial cut Enbridge from a "moderate buy" rating to a "hold" rating in a report on Friday, July 31st. National Bank Financial boosted their price objective on Enbridge from C$73.00 to C$81.00 and gave the stock a "sector perform" rating in a research note on Monday, June 1st. Finally, Royal Bank Of Canada increased their target price on Enbridge from C$76.00 to C$79.00 and gave the stock an "outperform" rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of C$76.00.

Enbridge Trading Up 1.4%

Shares of Enbridge stock opened at C$70.47 on Thursday. Enbridge has a 12-month low of C$62.42 and a 12-month high of C$80.65. The stock has a market capitalization of C$153.91 billion, a P/E ratio of 27.21, a price-to-earnings-growth ratio of 1.72 and a beta of 0.74. The company has a 50-day simple moving average of C$76.39 and a 200 day simple moving average of C$74.85. The company has a quick ratio of 0.44, a current ratio of 0.72 and a debt-to-equity ratio of 171.59.

Enbridge (TSE:ENB - Get Free Report) NYSE: ENB last released its quarterly earnings results on Friday, July 31st. The company reported C$0.63 EPS for the quarter. The firm had revenue of C$29.32 billion for the quarter. Enbridge had a net margin of 7.28% and a return on equity of 10.01%. Research analysts expect that Enbridge will post 3.511912 earnings per share for the current fiscal year.

Enbridge Company Profile

At Enbridge, we safely connect millions of people to the energy they rely on every day, fueling quality of life through our North American natural gas, oil and renewable power networks and our growing European offshore wind portfolio. We're investing in modern energy delivery infrastructure to sustain access to secure, affordable energy and building on more than a century of operating conventional energy infrastructure and two decades of experience in renewable power. We're advancing new technologies including hydrogen, renewable natural gas, and carbon capture and storage.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source