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Enbridge (ENB) Stock Forecast & Price Target

Enbridge logo
C$62.66 -0.54 (-0.85%)
As of 04:00 PM Eastern

Enbridge - Analysts' Recommendations and Stock Price Forecast (2025)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
5
Buy
5

Based on 10 Wall Street analysts who have issued ratings for Enbridge in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 10 analysts, 5 have given a hold rating, and 5 have given a buy rating for ENB.

Consensus Price Target

C$66.00
5.33% Upside
According to the 10 analysts' twelve-month price targets for Enbridge, the average price target is C$66.00. The highest price target for ENB is C$75.00, while the lowest price target for ENB is C$57.00. The average price target represents a forecasted upside of 5.33% from the current price of C$62.66.
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ENB Analyst Ratings Over Time

TypeCurrent Forecast
5/22/24 to 5/22/25
1 Month Ago
4/22/24 to 4/22/25
3 Months Ago
2/22/24 to 2/21/25
1 Year Ago
5/23/23 to 5/22/24
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
5 Buy rating(s)
5 Buy rating(s)
4 Buy rating(s)
7 Buy rating(s)
Hold
5 Hold rating(s)
7 Hold rating(s)
7 Hold rating(s)
6 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$66.00C$64.14C$63.23C$53.56
Forecasted Upside5.33% Upside1.64% Upside6.36% Upside6.87% Upside
Consensus Rating
Moderate Buy
Hold
Hold
Moderate Buy

ENB Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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ENB Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Enbridge Stock vs. The Competition

TypeEnbridgeEnergy Companies
Consensus Rating Score
2.50
2.69
Consensus RatingModerate BuyModerate Buy
News Sentiment Rating
Neutral News

See Recent ENB News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
5/12/2025BMO Capital Markets
4 of 5 stars
 Boost TargetC$60.00 ➝ C$63.00+2.12%
4/23/2025Raymond James
4 of 5 stars
A. Bradford
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UpgradeModerate Buy
4/23/2025Echelon Wealth Partners
1 of 5 stars
 Boost TargetC$67.00 ➝ C$74.00+17.48%
4/4/2025Citigroup
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S. Dounis
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Set TargetBuyC$75.00+20.17%
3/5/2025CIBC
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 Boost TargetC$66.00 ➝ C$67.00+9.87%
2/18/2025TD Securities
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A. Macneil
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Boost TargetBuyC$66.00 ➝ C$67.00+9.48%
2/18/2025Royal Bank of Canada
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 Boost TargetC$63.00 ➝ C$67.00+9.48%
2/13/2025Scotiabank
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 Boost TargetSector PerformC$61.00 ➝ C$65.00+0.40%
1/30/2025Jefferies Financial Group
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 Boost TargetC$59.00 ➝ C$65.00+1.50%
1/6/2025Barclays
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 Boost TargetC$59.00 ➝ C$64.00+3.61%
12/5/2024JPMorgan Chase & Co.
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 Boost TargetC$66.00 ➝ C$69.00+11.36%
12/5/2024Wells Fargo & Company
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P. Satish
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Boost TargetC$57.00 ➝ C$60.00-3.16%
10/25/2024Morgan Stanley
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 Set TargetEqual WeightC$64.00+12.56%
8/23/2024National Bankshares
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 Boost TargetSector PerformC$53.00 ➝ C$57.00+6.44%
4/25/2024Stifel Nicolaus
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 Lower TargetHoldC$52.00 ➝ C$51.00+3.66%
1/5/2024ATB Capital
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 Set TargetOutperformC$56.00+14.24%
9/13/2023Credit Suisse Group
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 Lower TargetC$52.00 ➝ C$51.00+9.70%
9/13/2023CSFB
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 Lower TargetNeutralC$52.00 ➝ C$51.00+9.96%
9/12/2023National Bank Financial
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 Lower TargetC$55.00 ➝ C$53.00+15.27%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 05:03 PM ET.


Should I Buy Enbridge Stock? ENB Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Wednesday, May 21, 2025. Please send any questions or comments about these Enbridge pros and cons to contact@marketbeat.com.

Enbridge
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Enbridge Inc.:

  • Enbridge Inc. has a strong consensus estimate for its upcoming earnings, with analysts projecting earnings per share of $0.76 for Q4 2024, indicating potential growth.
  • The current stock price is around C$62.57, which reflects a stable market position and could present a buying opportunity for investors looking for value.
  • Analysts have recently increased their price targets for Enbridge Inc., with several firms raising their targets to between C$60.00 and C$66.00, suggesting positive market sentiment.
  • The company reported a net margin of 13.54% and a return on equity of 8.57%, indicating efficient management and profitability, which are attractive traits for investors.
  • Enbridge Inc. has received a mix of hold and buy ratings from analysts, with a consensus price target of C$62.23, suggesting that many believe the stock has room for growth.

Enbridge
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Enbridge Inc. for these reasons:

  • The company recently missed its earnings estimate for the last quarter, reporting C$0.55 EPS compared to the expected C$0.56, which may raise concerns about its financial performance.
  • Enbridge Inc. has a high debt-to-equity ratio of 131.26, indicating that the company relies heavily on debt financing, which can be risky in volatile markets.
  • Despite recent price target increases, the stock has shown fluctuations, with a recent decline of about 2.5% in trading, which may indicate instability.
  • The current ratio of 0.76 suggests that the company may have difficulty meeting its short-term liabilities, which could be a red flag for potential investors.
  • With a P/E ratio of around 24.07, the stock may be considered overvalued compared to its earnings, which could deter value-focused investors.

ENB Forecast - Frequently Asked Questions

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Enbridge is C$66.00, with a high forecast of C$75.00 and a low forecast of C$57.00.

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Enbridge in the last twelve months. There are currently 5 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" ENB shares.

According to analysts, Enbridge's stock has a predicted upside of 5.33% based on their 12-month stock forecasts.

Over the previous 90 days, Enbridge's stock had 1 upgrade by analysts.

Enbridge has been rated by research analysts at BMO Capital Markets, CIBC, Citigroup, Echelon Wealth Partners, and Raymond James in the past 90 days.

Analysts like Enbridge less than other "energy" companies. The consensus rating score for Enbridge is 2.50 while the average consensus rating score for "energy" companies is 2.69. Learn more on how ENB compares to other companies.


This page (TSE:ENB) was last updated on 5/22/2025 by MarketBeat.com Staff
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