Raymond James Financial Raises Enbridge (TSE:ENB) Price Target to C$77.00

Enbridge (TSE:ENB) (NYSE:ENB) had its target price upped by equities researchers at Raymond James Financial from C$75.00 to C$77.00 in a research report issued on Tuesday, Marketbeat Ratings reports. The brokerage currently has a “moderate buy” rating on the stock. Raymond James Financial’s price objective indicates a potential upside of 10.46% from the company’s current price.

Several other analysts also recently weighed in on ENB. Jefferies Financial Group downgraded Enbridge from a “buy” rating to a “hold” rating and boosted their target price for the company from C$71.00 to C$76.00 in a report on Tuesday. National Bank Financial lifted their price target on Enbridge from C$66.00 to C$71.00 and gave the stock a “sector perform” rating in a research report on Wednesday, December 17th. ATB Cormark Capital Markets increased 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. BMO Capital Markets raised their target price on shares of Enbridge from C$67.00 to C$70.00 in a research report on Thursday, December 4th. Finally, JPMorgan Chase & Co. downgraded shares of Enbridge from an “overweight” rating to a “neutral” rating and reduced their price target for the company from C$74.00 to C$69.00 in a research report on Tuesday, January 27th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.31.

Enbridge Trading Down 0.7%

Shares of Enbridge stock opened at C$69.71 on Tuesday. 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 company has a fifty day simple moving average of C$66.18 and a 200-day simple moving average of C$66.63. The stock has a market cap of C$152.18 billion, a price-to-earnings ratio of 27.34, a PEG ratio of 1.72 and a beta of 0.95. Enbridge has a 12-month low of C$56.51 and a 12-month high of C$73.71.

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

Trending Headlines about 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.