ATB Cormark sets CAD 84.00 target for Enbridge stock

Published on 10/27/2026 at 16:57 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Enbridge Q2 2026 revenue was CAD 29.32 billion. Enbridge stock costs EUR 43.26 on October 27, 2026, up 0.51 percent versus the Frankfurt close.

ATB target and reporting date

ATB Cormark set a CAD 84.00 target on October 23, 2026.
Second-quarter 2026 revenue reached CAD 29.32 billion, up 97.10 percent year over year.
Enbridge stock costs EUR 43.26 at Lang & Schwarz on October 27, 2026 at 4:46 p.m. CEST, 0.51 percent above the Frankfurt close of October 26, 2026.
Enbridge will report third-quarter 2026 results before markets open on November 6, 2026.

ENB, CA29250N1050, Illustration mit AI erstellt.

ATB Cormark set a CAD 84.00 price target for Enbridge on October 23, 2026, according to Markets Insider. Enbridge stock was trading at EUR 43.26 at Lang & Schwarz on October 27, 2026 at 4:46 p.m. CEST, up 0.51 percent versus the Frankfurt close of October 26, 2026 at EUR 43.04.

Revenue rose as earnings softened

Enbridge reported CAD 29.32 billion in total revenue for the second quarter of 2026, up 97.10 percent from CAD 14.88 billion a year earlier. The figure was boosted by commodity sales, while net income attributable to common shareholders fell to CAD 1.57 billion from CAD 2.23 billion in the same period.

Adjusted EBITDA increased 2.90 percent to CAD 4.80 billion in the second quarter of 2026, while adjusted earnings declined 2.50 percent to CAD 1.40 billion. Ticker Scout reported that the earnings decline mainly reflected lower non-cash derivative gains.

What does the November date add?

Enbridge announced on October 5, 2026 that it will publish third-quarter results before markets open on November 6, 2026. The company will hold its webcast at 9:00 a.m. ET on that date. The scheduled release is the next defined event for the stock.

On the NYSE, Enbridge was trading at USD 48.23 on October 27, 2026 at 11:56 a.m. ET. The quoted 52-week range was USD 45.03 to USD 58.45, placing the stock 17.49 percent above its low and 17.49 percent below its high based on that primary-market quote.

Energy infrastructure peer comparison

Enbridge's USD 107.5 billion market capitalization and 22.56 price-to-earnings ratio compare with TC Energy at USD 65.1 billion and 26.34, and Kinder Morgan at USD 75.4 billion and 20.89. Their respective primary-market changes were plus 0.08 percent and minus 0.28 percent on October 27, 2026.

Price and reporting date

The combination of a CAD 84.00 analyst target and the November 6 results date gives investors two dated reference points. The second-quarter revenue increase came with a lower common-share earnings result, making the next report important for judging whether operating growth is translating into profit.

Enbridge stock was trading at EUR 43.26 at Lang & Schwarz on October 27, 2026 at 4:46 p.m. CEST, up 0.51 percent versus the Frankfurt close of October 26, 2026 at EUR 43.04. The further course of trading is shown by the continuously updated real-time quote of Enbridge stock.