Enbridge Inc has a consensus price target of $39.82, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Barclays, Wolfe Research, and National Bank Financial Inc on October 18, 2023, October 17, 2023, and September 12, 2023. With an average price target of $33.67 between Barclays, Wolfe Research, and National Bank Financial Inc, there's an implied -6.15% downside for Enbridge Inc from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
10/18/2023 | ENB | Buy Now | Enbridge | $35.87 | 33.8% | Barclays | Theresa Chen | $54 → $48 | Maintains | Equal-Weight | Get Alert |
10/17/2023 | ENB | Buy Now | Enbridge | $35.87 | — | Wolfe Research | Keith Stanley | — | Downgrade | Peer Perform → Underperform | Get Alert |
09/12/2023 | ENB | Buy Now | Enbridge | $35.87 | 47.74% | National Bank Financial Inc | Patrick Kenny | $55 → $53 | Maintains | Sector Perform | Get Alert |
09/11/2023 | ENB | Buy Now | Enbridge | $35.87 | 78.41% | CIBC | Robert Catellier | $63 → $64 | Maintains | Outperformer | Get Alert |
08/08/2023 | ENB | Buy Now | Enbridge | $35.87 | 61.68% | TD Securities | Linda Ezergailis | $62 → $58 | Maintains | Buy | Get Alert |
08/07/2023 | ENB | Buy Now | Enbridge | $35.87 | 67.26% | RBC Capital | Robert Kwan | $65 → $60 | Maintains | Outperform | Get Alert |
05/15/2023 | ENB | Buy Now | Enbridge | $35.87 | 61.68% | Credit Suisse | Andrew Kuske | $53 → $58 | Maintains | Neutral | Get Alert |
02/14/2022 | ENB | Buy Now | Enbridge | $35.87 | — | Scotiabank | Robert Hope | — | Downgrade | Sector Outperform → Sector Perform | Get Alert |
01/07/2022 | ENB | Buy Now | Enbridge | $35.87 | — | Morgan Stanley | Stephen Byrd | — | Downgrade | Overweight → Equal-Weight | Get Alert |
09/29/2021 | ENB | Buy Now | Enbridge | $35.87 | 56.11% | Wells Fargo | Praneeth Satish | — | Maintains | Overweight | Get Alert |
07/01/2021 | ENB | Buy Now | Enbridge | $35.87 | 14.29% | Goldman Sachs | Michael Lapides | — | Upgrade | Sell → Neutral | Get Alert |
The latest price target for Enbridge (NYSE: ENB) was reported by Barclays on October 18, 2023. The analyst firm set a price target for $48.00 expecting ENB to rise to within 12 months (a possible 32.23% upside). 7 analyst firms have reported ratings in the last year.
The latest analyst rating for Enbridge (NYSE: ENB) was provided by Barclays, and Enbridge maintained their equal-weight rating.
The last upgrade for Enbridge Inc happened on July 1, 2021 when Goldman Sachs raised their price target to $41. Goldman Sachs previously had a sell for Enbridge Inc.
The last downgrade for Enbridge Inc happened on October 17, 2023 when Wolfe Research changed their price target from N/A to N/A for Enbridge Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Enbridge, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Enbridge was filed on October 18, 2023 so you should expect the next rating to be made available sometime around October 18, 2024.
While ratings are subjective and will change, the latest Enbridge (ENB) rating was a maintained with a price target of $54.00 to $48.00. The current price Enbridge (ENB) is trading at is $36.30, which is out of the analyst’s predicted range.
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