Enbridge Inc. (ENB)
NYSE: ENB · Real-Time Price · USD
45.31
+0.80 (1.80%)
At close: Jan 21, 2025, 4:00 PM
45.49
+0.18 (0.40%)
After-hours: Jan 21, 2025, 4:56 PM EST
Enbridge Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for Enbridge stock has a target of 63, which predicts an increase of 39.04% from the current stock price of 45.31.
Analyst Consensus: Buy
* Price targets were last updated on Dec 4, 2024.
Analyst Ratings
According to 1 stock analyst, the rating for Enbridge is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 | Jan '25 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Buy | 2 | 2 | 2 | 2 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 0 | 0 |
| Sell | 1 | 1 | 1 | 1 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 1 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $59 → $63 | Buy | Reiterates | $59 → $63 | +39.04% | Dec 4, 2024 |
| Barclays | Barclays | Hold Maintains $54 → $48 | Hold | Maintains | $54 → $48 | +5.94% | Oct 18, 2023 |
| Wolfe Research | Wolfe Research | Hold → Sell Downgrades n/a | Hold → Sell | Downgrades | n/a | n/a | Oct 17, 2023 |
| National Bank Financial Inc | National Bank Financial Inc | Hold Maintains $55 → $53 | Hold | Maintains | $55 → $53 | +16.97% | Sep 12, 2023 |
| CIBC | CIBC | Buy Maintains $63 → $64 | Buy | Maintains | $63 → $64 | +41.25% | Sep 11, 2023 |
Financial Forecast
Revenue This Year
46.32B
from 43.65B
Increased by 6.12%
Revenue Next Year
36.36B
from 46.32B
Decreased by -21.51%
EPS This Year
2.81
from 2.84
Decreased by -1.10%
EPS Next Year
2.99
from 2.81
Increased by 6.57%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 52.5B | 54.4B | 56.3B | ||
| Avg | 46.3B | 36.4B | 39.2B | ||
| Low | 42.9B | 26.1B | 26.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 20.2% | 17.5% | 54.7% | ||
| Avg | 6.1% | -21.5% | 7.7% | ||
| Low | -1.8% | -43.7% | -27.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 2.99 | 3.36 | 3.70 | |||
| Avg | 2.81 | 2.99 | 3.21 | |||
| Low | 2.67 | 2.59 | 2.93 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| High | 5.4% | 19.6% | 23.5% | |||
| Avg | -1.1% | 6.6% | 7.3% | |||
| Low | -6.1% | -7.9% | -2.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.