Enbridge (TSE:ENB) Rating Lowered to “Hold” at TD Securities

Enbridge (TSE:ENB) (NYSE:ENB) was downgraded by research analysts at TD Securities from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday, MarketBeat.com reports. They currently have a C$72.00 target price on the stock, up from their previous target price of C$70.00. TD Securities’ price target indicates a potential upside of 3.29% from the stock’s previous close.

A number of other research firms have also recently commented on ENB. BMO Capital Markets increased their target price on Enbridge from C$67.00 to C$70.00 in a research note on Thursday, December 4th. Jefferies Financial Group cut their price objective on Enbridge from C$73.00 to C$71.00 in a report on Tuesday, December 23rd. ATB Cormark Capital Markets raised their price objective on Enbridge from C$72.00 to C$78.00 and gave the company an “outperform” rating in a report on Tuesday. Raymond James Financial upped their target price on Enbridge from C$74.00 to C$76.00 in a research note on Monday, November 10th. Finally, National Bank Financial increased their price target on shares of Enbridge from C$66.00 to C$71.00 and gave the company a “sector perform” rating in a research report on Wednesday, December 17th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$73.31.

Enbridge Trading Down 0.7%

Shares of ENB opened at C$69.71 on Tuesday. Enbridge has a 1-year low of C$56.51 and a 1-year high of C$73.71. The company has a market capitalization of C$152.18 billion, a P/E ratio of 27.34, a P/E/G ratio of 1.72 and a beta of 0.95. The company has a debt-to-equity ratio of 144.86, a current ratio of 0.62 and a quick ratio of 0.44. The firm’s 50 day simple moving average is C$66.18 and its 200 day simple moving average is C$66.63.

Enbridge (TSE:ENB) (NYSE:ENB) last released its quarterly earnings results on Friday, February 13th. The company reported C$0.88 EPS for the quarter. The business had revenue of C$17.18 billion during the quarter. Enbridge had a net margin of 13.75% and a return on equity of 10.30%. Sell-side analysts forecast that Enbridge will post 3.511912 earnings per share for the current fiscal year.

Key Stories Impacting Enbridge

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Q4 results showed year-over-year profit improvement and solid revenue, supporting the company’s cash flow profile and dividend coverage; this underpins investor confidence in ENB’s regulated and fee‑based businesses. Enbridge Q4 Profit Up YoY
• Positive Sentiment: Multiple brokerages raised price targets and kept or upgraded ratings — notable lifts include RBC, Scotiabank, ATB Cormark and Raymond James (targets now in the C$76–78 range, several with “outperform”/”moderate buy”) — signaling analyst confidence in near‑term upside and distribution sustainability. Analyst price target updates
• Neutral Sentiment: National Bank raised its price target modestly to C$72 but retained a “sector perform” rating, implying limited upside from the current price and a neutral view on near-term outperformance. National Bank target update
• Negative Sentiment: Jefferies downgraded ENB from “buy” to “hold,” citing the Canadian midstream sector’s strong year‑to‑date rally and valuation pressures that reduce upside — this cut tempers bullish momentum and likely pressured the stock. Enbridge downgraded at Jefferies after Canadian midstream’s YTD rally
• Negative Sentiment: TD Securities also moved ENB from “buy” to “hold” even as it nudged its price target higher — another signal that some analysts see limited near‑term appreciation versus risk, contributing to today’s downward pressure. TD Securities rating change

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.