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Strong North American Energy Demand Will Fuel Infrastructure Resilience

Published
07 Nov 24
Updated
12 Sep 25
AnalystConsensusTarget's Fair Value
CA$68.40
0.9% overvalued intrinsic discount
12 Sep
CA$69.01
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1Y
24.3%
7D
-1.7%

Author's Valuation

CA$68.40.9% overvalued intrinsic discount

AnalystConsensusTarget Fair Value

Shared on12 Sep 25
Fair value Increased 0.42%

With both the discount rate and future P/E multiple remaining effectively unchanged, analysts made only a marginal upward revision to Enbridge’s fair value, increasing the consensus price target from CA$68.12 to CA$68.40. What's in the News Wells Fargo raised its Enbridge price target to C$62 from C$60 following a Q2 earnings beat, but maintained an Equal Weight (neutral) rating due to valuation (Periodicals).

Shared on01 May 25
Fair value Decreased 8.93%

Shared on23 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on17 Apr 25
Fair value Decreased 0.08%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on09 Apr 25
Fair value Increased 12%

AnalystConsensusTarget has decreased discount rate from 8.4% to 7.4%.

Shared on02 Apr 25
Fair value Increased 2.69%

Shared on26 Mar 25
Fair value Increased 1.01%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on19 Mar 25
Fair value Increased 0.047%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on12 Mar 25
Fair value Decreased 3.50%

AnalystConsensusTarget has decreased revenue growth from -4.3% to -3.6%.