Enbridge Inc (ENB) Stock Forecast & Predictions

Enbridge Inc ENB: $40.08

Suite 200, Calgary, Alberta, Canada. | Sector: Utilities | Exchange: NEW YORK STOCK EXCHANGE INC. | Web: www.enbridge.com

  • Market Cap$81.19B
  • Change (52 Weeks)45.46%
  • Low (52 Weeks)$25.07
  • Enbridge Inc (ENB) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Enbridge Inc (ENB) stock price is $40.08 and the 52 weeks low is $25.07, which means the Enbridge Inc stock price is up 45.46% in the last 12 months.

    Enbridge Inc (ENB) Stock Price is not Trending currently as per the Weekly Chart, which means the price may range between specific high and low levels for the next few months, unless some significant changes take place in the market performance or news.

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that ENB Stock price might rise further, 18.75% indicating that ENB Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall ENB stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Enbridge Inc (ENB) Stock Forecast By Analysts


    Strong Buy
    Analysts Recommendations for Enbridge Inc (ENB) is based on 27 Institutional Analyst Ratings where 62.96% are on Strong Buy, 18.52% on Moderate Buy, 18.52% remains on Hold, 0.00% are on Moderate Sell and 0.00% are on Strong Sell.

    Out of 27 Institutional Analysts, majority recommended ENB stock as Strong Buy. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Enbridge Inc.

    Enbridge Inc (ENB) Stock Price Prediction By Analysts


    HighLowAverage
    $49.31$35.10$43.60
    $43.608.77% Upside
    Updated: 2021-09-19 00:00:00

    The Average Price target for ENB set by the institutional analysts is $43.60 where High Estimate is $49.31, Median $43.90771812080537 and Low $35.10.

    The average price target for ENB by Institutional Analysts is $43.60, which is 8.77% Upside from the current price. So according to the Institutional Analysts, ENB Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Enbridge Inc (ENB) Stock Forecast Based on Investor Sentiment


    Very Positive

    Based on 478,822 investor portfolio.

    Our algorithm has analysed 478,822 investor portfolio with ENB stock holdings and found that 99.50% of them are bullish. Which means the Investor Sentiment is mostly Very Positive.

    This shows most investors are very optimistic about ENB and holding their positions hoping for a further rise in the stock price and more profit.

    Enbridge Inc (ENB) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    Credit SuisseOutperformInitiated
    TD SecuritiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    CIBC World MarketsOutperformUpgraded
    BMO Capital MarketsOutperformUpgraded
    CIBC World MarketsOutperformMaintained
    CIBC World MarketsOutperformMaintained
    Tudor PickeringBuyInitiated
    JPMorgan ChaseBuyUpgraded
    CitigroupBuyUpgraded
    CIBC World MarketsOutperformReiterated
    RBC CapitalOutperformUpgraded
    CIBC World MarketsOutperformMaintained
    JPMorgan ChaseUpgraded
    BarclaysEqual WeightDowngraded
    SbankOutperformUpgraded
    SbankOutperformInitiated
    CIBC World MarketsOutperformUpgraded
    Credit SuisseOutperformUpgraded
    CIBC World MarketsOutperformReiterated
    Tudor PickeringBuyInitiated
    RBC CapitalOutperformMaintained
    CIBC World MarketsOutperformMaintained
    UBSUpgraded
    CitigroupUpgraded
    Raymond James FinancialOutperformUpgraded
    Tudor PickeringBuyUpgraded
    CIBC World MarketsOutperformMaintained
    Raymond James FinancialOutperformDowngraded
    Credit SuisseNeutralInitiated
    RBC CapitalOutperformMaintained
    Tudor PickeringBuyInitiated
    Raymond James FinancialOutperformUpgraded
    Tudor PickeringBuyInitiated
    Tudor PickeringBuyMaintained
    TD SecuritiesBuyUpgraded
    SbankOutperformInitiated
    RBC CapitalOutperformInitiated
    Raymond James FinancialOutperformMaintained
    National Bank FinancialOutperformDowngraded
    CIBC World MarketsOutperformDowngraded
    Credit SuisseUpgraded
    Tudor PickeringBuyUpgraded
    Raymond James FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    National Bank FinancialDowngraded
    RBC CapitalOutperformMaintained
    Tudor PickeringBuyMaintained
    Wells FargoOverweightUpgraded
    Raymond James FinancialOutperformDowngraded
    CitigroupBuyUpgraded
    RBC CapitalOutperformDowngraded
    Raymond James FinancialOutperformInitiated
    Tudor PickeringBuyInitiated
    Evercore ISIOutperformInitiated
    CitigroupDowngraded
    JefferiesUpgraded
    Tudor PickeringBuyInitiated
    JefferiesDowngraded
    Stifel NicolausDowngraded
    UBSBuyMaintained
    JefferiesBuyUpgraded
    National Bank FinancialOutperformDowngraded
    Tudor PickeringBuyInitiated
    Morgan StanleyDowngraded
    Goldman SachsSellDowngraded
    Tudor PickeringHoldInitiated
    Wells FargoUpgraded
    TD SecuritiesBuyUpgraded
    RBC CapitalOutperformUpgraded
    Tudor PickeringHoldInitiated
    CitigroupUpgraded
    National Bank FinancialOutperformUpgraded
    BarclaysUpgraded
    US Capital AdvisorsHoldDowngraded
    Wells FargoUpgraded
    BMO Capital MarketsUpgraded
    Tudor PickeringHoldInitiated
    JefferiesHoldInitiated
    RBC CapitalOutperformUpgraded
    CitigroupUpgraded
    CIBC World MarketsDowngraded
    BMO Capital MarketsUpgraded
    RBC CapitalOutperformDowngraded
    GMP SecuritiesDowngraded
    Bank of AmericaNeutralDowngraded
    Wells FargoDowngraded
    Credit SuisseNeutralDowngraded
    ScotiabankSector PerformDowngraded
    National Bank FinancialSector PerformDowngraded
    Evercore ISI GroupIn-LineDowngraded
    Credit SuisseOutperformInitiated
    BMO Capital MarketsDowngraded
    TD SecuritiesUpgraded
    UBSNeutralDowngraded
    National Bank FinancialOutperformUpgraded
    CIBC World MarketsUpgraded
    Wells FargoOutperformUpgraded
    TD SecuritiesUpgraded
    BMO Capital MarketsDowngraded
    CIBC World MarketsDowngraded
    UBSBuyInitiated
    CitigroupNeutralUpgraded
    BMO Capital MarketsUpgraded
    Bank of AmericaBuyUpgraded
    RBC CapitalOutperformUpgraded
    Morgan StanleyEqual-WeightMaintained
    GMP SecuritiesUpgraded
    BMO Capital MarketsOutperformDowngraded
    BMO CapitalOutperformMaintained
    CIBC World MarketsDowngraded
    RBC CapitalOutperformDowngraded
    GMP SecuritiesInitiated
    SbankOutperformDowngraded
    Mizuho SecuritiesNeutralInitiated
    MizuhoNeutralInitiated
    Morgan StanleyEqual-WeightMaintained
    Wells FargoDowngraded
    SbankOutperformDowngraded
    CIBC World MarketsDowngraded
    BMO Capital MarketsDowngraded
    TD SecuritiesBuyDowngraded
    SbankOutperformDowngraded
    Canaccord GenuityDowngraded
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformDowngraded
    CIBC World MarketsDowngraded
    SbankOutperformDowngraded
    National Bank FinancialOutperformDowngraded
    Canaccord GenuityDowngraded
    Morgan StanleyEqual-WeightMaintained
    RBC CapitalOutperformDowngraded
    CIBC World MarketsDowngraded
    CIBC World MarketsDowngraded
    Morgan StanleyEqual-WeightMaintained
    GMP SecuritiesMaintained
    Morgan StanleyEqual-WeightInitiated
    BMO Capital MarketsOutperformMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    RBC CapitalOutperformMaintained
    GMP SecuritiesMaintained
    National Bank FinancialMaintained
    CitigroupNeutralMaintained
    Goldman SachsBuyUpgraded
    TD SecuritiesBuyMaintained
    National Bank FinancialOutperformUpgraded
    First EnergyOutperformUpgraded
    CIBC World MarketsMaintained
    Canaccord GenuityBuyMaintained
    Bank of AmericaNeutralMaintained
    TD SecuritiesBuyMaintained
    SbankOutperformMaintained
    Goldman SachsNeutralDowngraded
    National Bank FinancialSector PerformDowngraded
    BMO Capital MarketsMaintained
    First EnergyAt Market PerformMaintained
    TD SecuritiesBuyMaintained
    Credit SuisseNeutralMaintained
    Canaccord GenuityBuyInitiated
    RBC CapitalOutperformMaintained
    JP MorganOverweightMaintained
    National Bank FinancialOutperformMaintained
    Goldman SachsMaintained
    First EnergyMaintained
    CIBC World MarketsSector OutperformerMaintained
    BMO Capital MarketsOutperformMaintained
    BarclaysOverweightMaintained
    Credit SuisseNeutralDowngraded
    BarclaysMaintained
    BMO Capital MarketsOutperformMaintained
    JPMorgan ChaseOverweightInitiated
    JP MorganOverweightInitiated
    National Bank FinancialSector PerformMaintained
    CIBC World MarketsMaintained
    BMO Capital MarketsMaintained
    BMO Capital MarketsOutperformInitiated
    BMO CapitalOutperformInitiated
    Goldman SachsBuyMaintained
    Credit SuisseOutperformUpgraded
    Credit SuisseNeutralDowngraded
    SbankMaintained
    MacquarieOutperformInitiated
    National Bank FinancialBuyMaintained
    SbankOutperformMaintained
    SbankMaintained
    Credit SuisseOutperformUpgraded
    TD SecuritiesBuyMaintained
    CIBC World MarketsOutperformMaintained
    Goldman SachsBuyMaintained
    SbankSector OutperformMaintained
    CIBC World MarketsSector OutperformMaintained
    SbankMaintained
    SbankMaintained
    SbankOutperformMaintained
    DesjardinsHoldDowngraded
    Credit SuisseNeutralDowngraded
    SbankMaintained
    RBC CapitalReiterated
    CIBC World MarketsReiterated
    CIBC World MarketsSector OutperformMaintained
    RBC CapitalOutperformMaintained
    SbankSector OutperformMaintained
    SbankSector OutperformMaintained
    RBC CapitalOutperformMaintained
    SbankMaintained
    ISI GroupBuyInitiated
    Canaccord GenuityBuyUpgraded
    TD SecuritiesBuyMaintained
    Credit SuisseOutperformMaintained
    Canaccord GenuityMaintained
    SbankMaintained
    UBSNeutralDowngraded
    Deutsche BankBuyMaintained
    TD SecuritiesMaintained
    Canaccord GenuityHoldDowngraded
    CIBC World MarketsSector OutperformMaintained
    TD SecuritiesMaintained
    SbankMaintained
    SbankSector PerformMaintained
    Deutsche BankBuyMaintained
    TD SecuritiesAction List BuyMaintained
    BMO CapitalOutperformMaintained
    BMO CapitalOutperformUpgraded
    Deutsche BankBuyMaintained
    BarclaysOverweightUpgraded

    Enbridge Inc (ENB) Stock Earning Per Share (EPS) Forecast / Estimate


    $0.763
    The average consensus EPS for ENB is $0.763 with a high estimate of $0.882 and Low of $0.676 for the period 2021-12-31 and based on 14 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $0.81$0.71368622021-03-31


    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $0.67$0.57173069999999992021-06-30
    $0.81$0.71368622021-03-31
    $0.56$0.61452442020-12-31
    $0.48$0.53220939999999992020-09-30
    $0.56$0.55686350000000012020-06-30
    $0.83$0.74645060000000012020-03-31
    $0.61$0.64027939999999992019-12-31
    $0.56$0.52807852019-09-30
    $0.67$0.59817250000000012019-06-30
    $0.81$0.71166622019-03-31
    $0.65$0.62182670000000012018-12-31
    $0.55$0.51838252018-09-30
    $0.65$0.53092672018-06-30
    $0.82$0.663572018-03-31
    $0.61$0.5624692017-12-31
    $0.38$0.43791582017-09-30
    $0.4$0.45407582017-06-30
    $0.57$0.62996732017-03-31
    $0.56$0.58321439999999992016-12-31
    $0.47$0.490862016-09-30
    $0.5$0.50729272016-06-30
    $0.76$0.64282460000000012016-03-31
    $0.58$0.52912892015-12-31
    $0.47$0.498233000000000042015-09-30
    $0.6$0.476598800000000042015-06-30
    $0.56$0.58994099999999992015-03-31
    $0.49$0.53157309999999992014-12-31
    $0.41$0.387294600000000042014-09-30
    $0.4$0.391677999999999972014-06-30
    $0.6$0.57753822014-03-31
    $0.44$0.460388300000000032013-12-31
    $0.34$0.357853100000000042013-09-30
    $0.38$0.388708599999999962013-06-30
    $0.62$0.52131152013-03-31
    $0.41$0.44751082012-12-31
    $0.34$0.3509752012-09-30
    $0.36$0.38655732012-06-30
    $0.5$0.483992000000000032012-03-31
    $0.37$0.396932011-12-31
    $0.32$0.28423422011-09-30

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).