Jefferies Financial Group Downgrades Enbridge (TSE:ENB) to Hold

Enbridge (TSE:ENB) (NYSE:ENB) was downgraded by stock analysts at Jefferies Financial Group from a “buy” rating to a “hold” rating in a report released on Tuesday, MarketBeat Ratings reports. They presently have a C$76.00 target price on the stock, up from their previous target price of C$71.00. Jefferies Financial Group’s price target points to a potential upside of 9.02% from the company’s previous close.

ENB has been the subject of several other research reports. Scotiabank raised shares of Enbridge from a “sector perform” rating to a “sector outperform” rating and lifted their price target for the company from C$70.00 to C$73.00 in a research note on Friday, January 16th. TD Securities downgraded Enbridge from a “buy” rating to a “hold” rating and raised their price objective for the stock from C$70.00 to C$72.00 in a report on Tuesday. JPMorgan Chase & Co. cut Enbridge from an “overweight” rating to a “neutral” rating and lowered their target price for the stock from C$74.00 to C$69.00 in a report on Tuesday, January 27th. BMO Capital Markets increased their price target on Enbridge from C$67.00 to C$70.00 in a research report on Thursday, December 4th. Finally, Royal Bank Of Canada lifted their price objective on Enbridge from C$72.00 to C$76.00 and gave the company an “outperform” rating in a report on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Enbridge has a consensus rating of “Moderate Buy” and a consensus target price of C$73.31.

Enbridge Stock Down 0.7%

TSE:ENB opened at C$69.71 on Tuesday. The company has a market cap of C$152.18 billion, a price-to-earnings ratio of 27.34, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$73.71. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86. The stock has a fifty day simple moving average of C$66.18 and a 200-day simple moving average of C$66.63.

Enbridge (TSE:ENB) (NYSE:ENB) last posted its quarterly earnings results on Friday, February 13th. The company reported C$0.88 EPS for the quarter. Enbridge had a net margin of 13.75% and a return on equity of 10.30%. The company had revenue of C$17.18 billion for the quarter. Analysts anticipate that Enbridge will post 3.511912 EPS for the current year.

Enbridge News Roundup

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.