CIBC Capital Markets on Monday maintained its outperform rating on the shares of Enbridge (ENB.TO, ENB) and its C$72.00 price target after it hosted investor meetings with management following its 2026 guidance release.

"We recently hosted investor meetings with Greg Ebel (CEO) and Pat Murray (CFO), and key themes from our discussions included: (1) Enbridge's near-term outlook across its various North American markets, with its exposure to a diverse set of energy forms (crude oil, natural gas, electricity) offering it multiple ways to capture growth; (2) the company's ability and path to grow more than its 5% guidance post 2026; and (3) the political and policy landscape in Canada, including the implications of the recent Canada-Alberta MOU," analyst Maurice Choy wrote.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

Price: 66.78, Change: +0.20, Percent Change: +0.30