Enbridge (TSE:ENB) Lowered to Hold Rating by Jefferies Financial Group

Jefferies Financial Group downgraded shares of Enbridge (TSE:ENB) (NYSE:ENB) from a buy rating to a hold rating in a report published on Tuesday, MarketBeat reports. They currently have C$76.00 price target on the stock, up from their previous price target of C$71.00.

A number of other equities research analysts have also recently commented on ENB. ATB Cormark Capital Markets upped their target price on shares of Enbridge from C$72.00 to C$78.00 and gave the company an “outperform” rating in a report on Tuesday. Royal Bank Of Canada upped their price objective on Enbridge from C$72.00 to C$76.00 and gave the company an “outperform” rating in a research note on Tuesday. Scotiabank upgraded Enbridge from a “sector perform” rating to a “sector outperform” rating and lifted their target price for the company from C$70.00 to C$73.00 in a research note on Friday, January 16th. Raymond James Financial boosted their target price on Enbridge from C$74.00 to C$76.00 in a report on Monday, November 10th. Finally, National Bank Financial upped their price target on Enbridge from C$66.00 to C$71.00 and gave the stock a “sector perform” rating in a research note on Wednesday, December 17th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of C$73.31.

Enbridge Price Performance

ENB stock opened at C$70.21 on Tuesday. The company has a current ratio of 0.62, a quick ratio of 0.44 and a debt-to-equity ratio of 144.86. The company has a market capitalization of C$153.27 billion, a P/E ratio of 27.53, a PEG ratio of 1.72 and a beta of 0.95. The business has a 50 day simple moving average of C$66.09 and a 200-day simple moving average of C$66.61. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$73.71.

Enbridge (TSE:ENB) (NYSE:ENB) last released its quarterly earnings results on Friday, February 13th. The company reported C$0.88 EPS for the quarter. The firm 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%. As a group, equities analysts anticipate that Enbridge will post 3.511912 EPS for the current year.

Enbridge Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Sunday, March 1st. Stockholders of record on Sunday, March 1st will be issued a $0.97 dividend. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a $3.88 annualized dividend and a dividend yield of 5.5%. This is an increase from Enbridge’s previous quarterly dividend of $0.94. 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.