Enbridge (TSE:ENB) Upgraded by US Capital Advisors to Moderate Buy Rating

Enbridge (TSE:ENB) (NYSE:ENB) was upgraded by equities researchers at US Capital Advisors from a “hold” rating to a “moderate buy” rating in a report released on Thursday,Zacks.com reports. US Capital Advisors also issued estimates for Enbridge’s Q3 2026 earnings at $0.60 EPS, Q1 2027 earnings at $1.09 EPS, Q2 2027 earnings at $0.67 EPS, Q3 2027 earnings at $0.64 EPS, Q4 2027 earnings at $0.95 EPS and FY2027 earnings at $3.35 EPS.

ENB has been the topic of a number of other research reports. National Bank Financial raised their target price on Enbridge from C$73.00 to C$81.00 and gave the stock a “sector perform” rating in a report on Monday, June 1st. TD upped their price target on Enbridge from C$79.00 to C$81.00 and gave the company a “hold” rating in a research note on Thursday, June 25th. Raymond James Financial downgraded shares of Enbridge from a “moderate buy” rating to a “hold” rating in a research report on Friday, July 31st. Scotiabank lifted their price objective on shares of Enbridge from C$78.00 to C$84.00 and gave the stock a “sector outperform” rating in a research note on Tuesday, July 21st. Finally, Royal Bank Of Canada boosted their price objective on shares of Enbridge from C$76.00 to C$79.00 and gave the company an “outperform” rating in a report on Monday, May 11th. Four analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of C$76.00.

Enbridge Stock Performance

Shares of Enbridge stock opened at C$70.47 on Thursday. The firm has a fifty day moving average of C$76.39 and a two-hundred day moving average of C$74.85. The company has a debt-to-equity ratio of 171.59, a quick ratio of 0.44 and a current ratio of 0.72. The stock has a market capitalization of C$153.91 billion, a price-to-earnings ratio of 27.21, a PEG ratio of 1.72 and a beta of 0.74. Enbridge has a 52 week low of C$62.42 and a 52 week high of C$80.65.

Enbridge (TSE:ENB) (NYSE:ENB) last announced its quarterly earnings data on Friday, July 31st. The company reported C$0.63 EPS for the quarter. The business had revenue of C$29.32 billion during the quarter. Enbridge had a return on equity of 10.01% and a net margin of 7.28%. As a group, equities research analysts predict that Enbridge will post 3.511912 EPS for the current year.

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.