Enbridge receives 'Moderate Buy' consensus with a C$73.31 price target and raises dividend to 5.3% yield.

Enbridge Inc. has been given a consensus rating of "Moderate Buy" by twelve brokerages, with an average 12-month price target of C$73.31. Analysts show mixed views, with six holding, five buying, and one strong buy rating. The company recently increased its quarterly dividend to $0.97, yielding 5.3%, up from $0.94 previously. Enbridge reported solid quarterly earnings with a C$0.88 EPS and revenue of C$17.18 billion, maintaining strong financial metrics and ongoing investments in energy infrastructure and renewable projects.