Enbridge (ENB) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Enbridge (TSE: ENB) recently:

• 2/18/2025 – Enbridge had its price target raised by analysts at TD Securities from C$66.00 to C$67.00. They now have a “buy” rating on the stock.
• 2/18/2025 – Enbridge had its price target raised by analysts at Raymond James from C$65.00 to C$67.00.
• 2/18/2025 – Enbridge had its price target raised by analysts at Royal Bank of Canada from C$63.00 to C$67.00.
• 2/13/2025 – Enbridge had its price target raised by analysts at Scotiabank from C$61.00 to C$65.00. They now have a “sector perform” rating on the stock.
• 1/30/2025 – Enbridge had its price target raised by analysts at Jefferies Financial Group Inc. from C$59.00 to C$65.00.
• 1/15/2025 – Enbridge was given a new C$66.00 price target on by analysts at TD Securities. They now have a “buy” rating on the stock.
• 1/9/2025 – Enbridge had its price target raised by analysts at CIBC from C$63.00 to C$66.00. They now have an “outperform” rating on the stock.
• 1/6/2025 – Enbridge had its price target raised by analysts at Barclays PLC from C$59.00 to C$64.00.

Enbridge Trading Up 0.1 %

ENB stock traded up C$0.06 during midday trading on Monday, reaching C$61.87. 13,645,384 shares of the company’s stock traded hands, compared to its average volume of 10,169,752. Enbridge Inc. has a fifty-two week low of C$45.39 and a fifty-two week high of C$65.62. The business has a 50-day moving average price of C$62.31 and a two-hundred day moving average price of C$58.78. The company has a market capitalization of C$134.09 billion, a P/E ratio of 20.11, a PEG ratio of 1.72 and a beta of 0.90. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44.

Enbridge Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Saturday, March 1st. Investors of record on Saturday, March 1st were issued a $0.9425 dividend. This is an increase from Enbridge’s previous quarterly dividend of $0.92. This represents a $3.77 annualized dividend and a yield of 6.09%. The ex-dividend date was Friday, February 14th. Enbridge’s dividend payout ratio is currently 118.98%.

Insider Buying and Selling at Enbridge

In other Enbridge news, Senior Officer Cynthia Lynn Hansen sold 1,106 shares of Enbridge stock in a transaction that occurred on Monday, December 23rd. The stock was sold at an average price of C$59.94, for a total transaction of C$66,293.64. 0.10% of the stock is currently owned by corporate insiders.

Enbridge Inc, together with its subsidiaries, operates as an energy infrastructure company. The company operates through five segments: Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, Renewable Power Generation, and Energy Services. The Liquids Pipelines segment operates pipelines and related terminals to transport various grades of crude oil and other liquid hydrocarbons in Canada and the United States.