Enbridge (TSE:ENB) Downgraded by TD Securities to “Hold”

TD Securities downgraded shares of Enbridge (TSE:ENB) (NYSE:ENB) from a buy rating to a hold rating in a research note published on Tuesday, MarketBeat reports. The brokerage currently has C$72.00 price target on the stock, up from their previous price target of C$70.00.

Other research analysts also recently issued research reports about the stock. Royal Bank Of Canada raised their target price on shares of Enbridge from C$67.00 to C$72.00 in a research report on Monday, November 10th. ATB Cormark Capital Markets increased their price objective on shares of Enbridge from C$72.00 to C$78.00 and gave the company an “outperform” rating in a research note on Tuesday. Jefferies Financial Group reduced their price objective on shares of Enbridge from C$73.00 to C$71.00 in a research note on Tuesday, December 23rd. BMO Capital Markets upped their target price on Enbridge from C$67.00 to C$70.00 in a report on Thursday, December 4th. Finally, JPMorgan Chase & Co. downgraded Enbridge from an “overweight” rating to a “neutral” rating and cut their price target for the company from C$74.00 to C$69.00 in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of C$73.31.

Enbridge Trading Down 4.2%

Shares of TSE ENB opened at C$70.21 on Tuesday. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$73.71. The firm has a market cap of C$153.27 billion, a PE ratio of 27.53, a price-to-earnings-growth ratio of 1.72 and a beta of 0.95. The business has a fifty day simple moving average of C$66.09 and a two-hundred day simple moving average of C$66.61. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86.

Enbridge (TSE:ENB) (NYSE:ENB) last posted its quarterly 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 for the quarter. Enbridge had a return on equity of 10.30% and a net margin of 13.75%. Analysts expect that Enbridge will post 3.511912 earnings per share for the current fiscal year.

Enbridge Increases Dividend

The company 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 $0.97 dividend. 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 is Tuesday, February 17th. Enbridge’s payout ratio is 146.76%.

More Enbridge News

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.