Royal Bank Of Canada Issues Positive Forecast for Enbridge (TSE:ENB) Stock Price

Enbridge (TSE:ENB) (NYSE:ENB) had its target price increased by Royal Bank Of Canada from C$72.00 to C$76.00 in a report published on Tuesday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other analysts have also recently issued reports on ENB. National Bank Financial upped their price objective on shares of Enbridge from C$66.00 to C$71.00 and gave the company a “sector perform” rating in a research note on Wednesday, December 17th. Raymond James Financial increased their price target on Enbridge from C$74.00 to C$76.00 in a report on Monday, November 10th. Canadian Imperial Bank of Commerce reduced their price objective on Enbridge from C$71.00 to C$69.00 in a research report on Wednesday, December 17th. JPMorgan Chase & Co. cut Enbridge from an “overweight” rating to a “neutral” rating and dropped their target price for the company from C$74.00 to C$69.00 in a report on Tuesday, January 27th. Finally, TD Securities downgraded Enbridge from a “buy” rating to a “hold” rating and raised their target price for the stock from C$70.00 to C$72.00 in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of C$73.31.

Enbridge Stock Down 4.2%

TSE ENB opened at C$70.21 on Tuesday. The business has a fifty day moving average price of C$66.09 and a 200 day moving average price of C$66.61. The company has a debt-to-equity ratio of 144.86, a quick ratio of 0.44 and a current ratio of 0.62. The company has a market cap of C$153.27 billion, a P/E ratio of 27.53, a P/E/G ratio of 1.72 and a beta of 0.95. Enbridge has a one year low of C$56.51 and a one year high of C$73.71.

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

Enbridge Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Sunday, March 1st. Shareholders of record on Sunday, March 1st will be paid a dividend of $0.97 per share. This represents a $3.88 annualized dividend and a yield of 5.5%. This is a positive change from Enbridge’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Tuesday, February 17th. Enbridge’s payout ratio is 146.76%.

Enbridge News Summary

Here are the key news stories impacting Enbridge this week:

• Positive Sentiment: Several major banks raised Enbridge price targets and maintained bullish ratings, lifting upside expectations — Scotiabank to C$77, RBC to C$76 (also covered by TickerReport), Raymond James to C$77, and ATB Cormark to C$78. These increases reinforce expectations for cash flow and dividend support. Article Title
• Positive Sentiment: Analysts’ revenue estimates for Enbridge are moving higher, which supports earnings outlook and helps justify the raised targets from several brokers. Analysts’ Revenue Estimates For Enbridge Inc. Are Surging Higher
• Neutral Sentiment: National Bank Financial raised its price target slightly to C$72 and set a “sector perform” rating — a modestly constructive move but less bullish than the outperform calls, indicating cautious exposure to the sector. Article Title
• Negative Sentiment: Jefferies downgraded Enbridge from “buy” to “hold,” citing that the Canadian midstream group’s year-to-date rally has reduced upside and made valuations less attractive — a note that likely pressured the stock into a pullback. Enbridge downgraded at Jefferies after Canadian midstream’s YTD rally
• Negative Sentiment: TD Securities lowered its rating from “buy” to “hold” while nudging its target to C$72 — another sign that some sell‑side desks see less near-term upside despite higher targets elsewhere. Article Title

About Enbridge

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.