<div id="readability-page-1"><p><span>Enbridge (TSE:ENB - Get Free Report) <span>NYSE: ENB<span></span></span></span> had its price objective dropped by stock analysts at Jefferies Financial Group  from C$73.00 to C$71.00 in a report issued on Tuesday,BayStreet.CA reports. Jefferies Financial Group's price objective points to a potential upside of 9.16% from the stock's current price.</p><ul><li>Is Enbridge Stock Too Cheap to Pass Up Now?</li></ul><p>ENB has been the subject of a number of other reports. National Bankshares boosted their price target on shares of Enbridge from C$66.00 to C$71.00 and gave the company a &#34;sector perform&#34; rating in a research report on Wednesday, December 17th. Scotiabank lifted their target price on Enbridge from C$65.00 to C$69.00 and gave the stock a &#34;sector perform&#34; rating in a research report on Monday, October 20th. CIBC reduced their target price on Enbridge from C$71.00 to C$69.00 in a report on Wednesday, December 17th. BMO Capital Markets lifted their price target on Enbridge from C$67.00 to C$70.00 in a research report on Thursday, December 4th. Finally, Raymond James Financial increased their price objective on Enbridge from C$74.00 to C$76.00 in a report on Monday, November 10th. One investment analyst  has rated the stock with a Strong Buy rating, four have issued  a Buy rating and five have assigned  a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average target price of C$71.17.</p><p><b>Check Out Our Latest Report on ENB</b></p><h2>Enbridge Trading Up 1.0%</h2><ul><li>5 Best High-Yield Dividend Stocks for Any Economic Climate</li></ul><p>TSE:ENB traded up C$0.64 during trading hours on Tuesday, reaching C$65.04. 704,551 shares of the stock were exchanged, compared to its average volume of 7,914,750. Enbridge has a twelve month low of C$56.51 and a twelve month high of C$70.39. The business has a 50-day moving average of C$66.41 and a two-hundred day moving average of C$65.30. The company has a market capitalization of C$141.98 billion, a price-to-earnings ratio of 25.51, a PEG ratio of 1.72 and a beta of 0.91. The company has a quick ratio of 0.44, a current ratio of 0.62 and a debt-to-equity ratio of 144.86. </p><p>Enbridge (TSE:ENB - Get Free Report) <span>NYSE: ENB<span></span></span> last posted its quarterly earnings data on Friday, November 7th. The company reported C$0.46 earnings per share (EPS) for the quarter. The firm had revenue of C$14.64 billion for the quarter. Enbridge had a return on equity of 10.30% and a net margin of 13.75%. On average, equities analysts predict that  Enbridge will post 3.511912 EPS for the current year. </p><h2>Enbridge Company Profile</h2> (Get Free Report)<p>Enbridge owns extensive midstream assets that transport hydrocarbons across the U.S. and Canada. Its pipeline network consists of the Canadian Mainline system, regional oil sands pipelines, and natural gas pipelines. The company also owns and operates a regulated natural gas utility and Canada's largest natural gas distribution company. Finally, the firm has a small renewables portfolio primarily focused on onshore and offshore wind projects. </p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than Enbridge</li><li>Do not delete, read immediately</li><li>Elon Warns “America Is Broke”. Trump’s Plan Inside.</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9RU5C?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PVRTRSZTeW1ib2w9RU5C"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Enbridge Right Now?</h2><p>Before you consider Enbridge, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Enbridge wasn't on the list.</p><p>While Enbridge currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Jefferies Financial Group lowered its target price for Enbridge (TSE:ENB) from C$73.00 to C$71.00, indicating a potential upside of 9.16% from the current price. Despite the adjustment, Enbridge maintains a Moderate Buy rating among analysts, with an average target price of C$71.17. The stock traded up 1.0% to C$65.04 on Tuesday.</p>

Jefferies Financial Group Issues Pessimistic Forecast for Enbridge (TSE:ENB) Stock Price