Enbridge Inc. (ENB)
NYSE: ENB · Real-Time Price · USD
41.37
+0.66 (1.62%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 52.28% from the current stock price of 41.37.
Analyst Consensus: Buy
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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Buy | 2 | 2 | 2 | 2 | 2 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 0 |
| Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 7 | 7 | 7 | 7 | 7 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| RBC Capital | RBC Capital | Buy Reiterates $59 → $63 | Buy | Reiterates | $59 → $63 | +52.28% | Dec 4, 2024 |
| Barclays | Barclays | Hold Maintains $54 → $48 | Hold | Maintains | $54 → $48 | +16.03% | 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 | +28.11% | Sep 12, 2023 |
| CIBC | CIBC | Buy Maintains $63 → $64 | Buy | Maintains | $63 → $64 | +54.70% | Sep 11, 2023 |
Financial Forecast
Revenue This Year
45.90B
from 43.65B
Increased by 5.15%
Revenue Next Year
32.67B
from 45.90B
Decreased by -28.82%
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 | 50.9B | 47.3B | 48.0B | ||
| Avg | 45.9B | 32.7B | 37.4B | ||
| Low | 42.9B | 26.2B | 31.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 16.7% | 3.0% | 46.9% | ||
| Avg | 5.2% | -28.8% | 14.4% | ||
| Low | -1.6% | -42.9% | -4.9% |
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.