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theglobeandmail.comSEP 191 min read$ENB

Jefferies Remains a Hold on Enbridge (ENB)

Jefferies analyst Sam Burwell maintained a Hold rating on Enbridge (ENB) with a C$70.00 price target. Raymond James also gave a Hold, while BMO Capital upgraded to Buy. ENB has a 52-week range of C$62.42 to C$80.65 and an average volume of 8.3M.

Original reporting
theglobeandmail.com
Published Sep 19, 2026, 5:10 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 19, 2026, 8:04 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
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Jefferies Remains a Hold on Enbridge (ENB) — source image
Source · theglobeandmail.com
Decision brief

The 30-second read

$ENBBullishMed
01

Why it matters

Rating changes can influence short‑term trading activity and may affect sector sentiment.

02

Market read

Enbridge receives mixed analyst signals; the upgrade may prompt buying interest.

03

What to watch

Enbridge's upcoming capital expenditures and regulatory environment could temper upside.

Relevance 7/10Novelty 6/10Timing: today

Background

Analyst coverage updates for Enbridge, a major North American energy infrastructure company.

Company-level read

Ticker impact

$ENBBullishMedium confidence
Context

Jefferies kept a Hold rating and BMO upgraded Enbridge to Buy, setting a new price target.

Expected impact

Potential modest upside of 2‑4% as investors digest the upgrade.

Evidence & confidence

Upgrade from a major broker (BMO) often triggers buying pressure, especially after a neutral rating from Jefferies.

Market effects

Sector

Energy sector may see slight positive bias as a large pipeline operator receives a buy rating.

Regional

Canadian energy stocks could benefit from the upgrade sentiment.

Global

Limited; primarily affects Enbridge and peers in North American energy infrastructure.

Counterpoint

What could challenge this read

The Hold from Jefferies suggests lingering concerns; investors may wait for further catalyst before buying.

Key entities

  • analyst
    Jefferies

    Maintained Hold rating on Enbridge.

  • analyst
    BMO Capital

    Upgraded Enbridge to Buy with a new price target.

Read at source← All news

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