CAD59.44
1.50% day before yesterday
Toronto, Dec 20, 10:00 pm CET
ISIN
CA29250N1050
Symbol
ENB

Enbridge Inc. Target price 2024 - Analyst rating & recommendation

Enbridge Inc. Classifications & Recommendation:

Buy
48%
Hold
48%
Sell
5%

Enbridge Inc. Price Target

Target Price CAD61.55
Price CAD59.43
Potential
Number of Estimates 18
18 Analysts have issued a price target Enbridge Inc. 2025 . The average Enbridge Inc. target price is CAD61.55. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 21 analysts: 10 Analysts recommend Enbridge Inc. to buy, 10 to hold and 1 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Enbridge Inc. stock has an average upside potential 2025 of . Most analysts recommend the Enbridge Inc. stock at Buy or hold.

Sales and Margin forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion CAD 42.89 45.46
19.76% 6.01%
EBITDA Margin 30.52% 40.20%
28.57% 31.74%
Net Margin 14.42% 13.48%
176.50% 6.54%

6 Analysts have issued a sales forecast Enbridge Inc. 2024 . The average Enbridge Inc. sales estimate is

CAD45.5b
Unlock
. This is
6.25% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD48.5b 0.04%
Unlock
, the lowest is
CAD43.8b 9.62%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD42.9b 19.76%
2024
CAD45.5b 6.01%
Unlock
2025
CAD35.4b 22.07%
Unlock
2026
CAD36.5b 3.10%
Unlock
2027
CAD27.0b 26.06%
Unlock

16 Analysts have issued an Enbridge Inc. EBITDA forecast 2024. The average Enbridge Inc. EBITDA estimate is

CAD18.3b
Unlock
. This is
26.43% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD18.4b 27.28%
Unlock
, the lowest is
CAD18.1b 25.14%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD13.1b 3.17%
2024
CAD18.3b 39.66%
Unlock
2025
CAD19.7b 7.61%
Unlock
2026
CAD20.4b 3.94%
Unlock
2027
CAD21.3b 3.96%
Unlock
2028
CAD22.3b 4.76%
Unlock

EBITDA Margin

2023 30.52% 28.57%
2024
40.20% 31.74%
Unlock
2025
55.51% 38.08%
Unlock
2026
55.96% 0.81%
Unlock
2027
78.68% 40.60%
Unlock

5 Enbridge Inc. Analysts have issued a net profit forecast 2024. The average Enbridge Inc. net profit estimate is

CAD6.1b
Unlock
. This is
4.28% lower
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
CAD6.2b 2.72%
Unlock
, the lowest is
CAD6.0b 6.80%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD6.2b 121.88%
2024
CAD6.1b 0.91%
Unlock
2025
CAD6.4b 4.74%
Unlock
2026
CAD6.4b 0.46%
Unlock
2027
CAD5.6b 12.40%
Unlock

Net Margin

2023 14.42% 176.50%
2024
13.48% 6.54%
Unlock
2025
18.12% 34.42%
Unlock
2026
17.49% 3.48%
Unlock
2027
20.72% 18.47%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share CAD 2.84 2.81
121.88% 1.06%
P/E 21.12
EV/Sales 5.12

5 Analysts have issued a Enbridge Inc. forecast for earnings per share. The average Enbridge Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD2.81
Unlock
. This is
4.42% lower
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
CAD2.86 2.72%
Unlock
, the lowest is
CAD2.74 6.80%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD2.84 121.88%
2024
CAD2.81 1.06%
Unlock
2025
CAD2.95 4.98%
Unlock
2026
CAD2.93 0.68%
Unlock
2027
CAD2.57 12.29%
Unlock

P/E ratio

Current 20.24 35.93%
2024
21.12 4.35%
Unlock
2025
20.16 4.55%
Unlock
2026
20.26 0.50%
Unlock
2027
23.12 14.12%
Unlock

Based on analysts' sales estimates for 2024, the Enbridge Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 4.80 15.94%
2024
5.12 6.56%
Unlock
2025
6.56 28.31%
Unlock
2026
6.37 3.01%
Unlock
2027
8.61 35.25%
Unlock

P/S ratio

Current 2.67 19.04%
2024
2.85 6.66%
Unlock
2025
3.65 28.32%
Unlock
2026
3.54 3.01%
Unlock
2027
4.79 35.25%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today