Research Disclosures & Disclaimers

This website contains disclosures and disclaimers related to
published UBS Global Research products, including those related to
regulation, potential conflicts of interest as well as those provided
by third-party data providers describing limitations on use of their
products.

Enbridge Inc (ENB.TO)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (C$)	Price Target (C$)	Rating
2022-03-30	57.79	53.00	Buy
2022-04-14	58.27	-	No Rating
2022-08-11	56.56	63.00	Buy
2022-08-15	55.16	62.00	Buy
2022-10-03	52.49	59.00	Buy
2023-05-09	53.35	60.00	Buy
2023-06-16	49.47	64.00	Buy
2023-07-28	48.19	61.00	Buy
2023-10-06	43.47	58.00	Buy
2023-12-08	47.46	61.00	Buy
2024-01-04	48.79	62.00	Buy
2024-02-16	46.46	60.00	Buy
2024-05-14	50.50	61.00	Buy
2024-10-02	55.42	63.00	Buy
2024-11-14	60.59	68.00	Buy
2024-12-06	61.05	72.00	Buy
2025-01-20	63.93	75.00	Buy

Disclosures

UBS Securities LLC makes a market in the securities and/or ADRs of this company.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.