Enbridge Inc. (ENB)
NYSE: ENB · IEX Real-Time Price · USD
35.81
+0.54 (1.53%)
At close: Jul 2, 2024, 4:00 PM
35.84
+0.03 (0.08%)
After-hours: Jul 2, 2024, 7:43 PM EDT
Enbridge Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Enbridge stock have an average target of 56.6, with a low estimate of 48 and a high estimate of 64. The average target predicts an increase of 58.06% from the current stock price of 35.81.
Analyst Consensus: Buy
* Price targets were last updated on Oct 18, 2023.
Analyst Ratings
The average analyst rating for Enbridge stock from 6 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 2 | 2 | 2 | 2 | 2 | 2 |
Hold | 3 | 3 | 3 | 3 | 3 | 2 |
Sell | 1 | 1 | 1 | 1 | 1 | 1 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 7 | 7 | 7 | 7 | 7 | 6 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Barclays | Barclays | Hold Maintains $54 → $48 | Hold | Maintains | $54 → $48 | +34.04% | 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 | +48.00% | Sep 12, 2023 |
CIBC | CIBC | Buy Maintains $63 → $64 | Buy | Maintains | $63 → $64 | +78.72% | Sep 11, 2023 |
TD Securities | TD Securities | Strong Buy Maintains $62 → $58 | Strong Buy | Maintains | $62 → $58 | +61.97% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
29.43B
from 43.65B
Decreased by -32.58%
Revenue Next Year
31.11B
from 29.43B
Increased by 5.71%
EPS This Year
3.00
from 2.84
Increased by 5.70%
EPS Next Year
3.12
from 3.00
Increased by 4.06%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 31.8B | 47.7B | 47.2B | 59.8B | 62.2B |
Avg | 29.4B | 31.1B | 34.4B | 57.5B | 59.8B |
Low | 27.1B | 24.9B | 25.9B | 55.8B | 58.0B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | -27.2% | 62.1% | 51.7% | 73.5% | 8.2% |
Avg | -32.6% | 5.7% | 10.7% | 66.9% | 4.0% |
Low | -37.9% | -15.4% | -16.9% | 61.9% | 0.9% |
EPS Forecast
EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 3.48 | 3.91 | 4.10 | 4.03 | 4.37 |
Avg | 3.00 | 3.12 | 3.41 | 3.88 | 4.21 |
Low | 2.77 | 2.67 | 3.09 | 3.77 | 4.08 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
---|---|---|---|---|---|
High | 22.4% | 30.1% | 31.1% | 18.3% | 12.6% |
Avg | 5.7% | 4.1% | 9.2% | 13.8% | 8.4% |
Low | -2.3% | -11.2% | -1.2% | 10.4% | 5.1% |
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.