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Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) have received an average rating of “Hold” from the thirteen brokerages that are covering the company, Analyst Ratings Network reports. Three equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $34.18.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded down 0.12% during mid-day trading on Tuesday, hitting $34.35. The stock had a trading volume of 14,033 shares. Enbridge Energy Management, L.L.C. has a 52-week low of $25.7073 and a 52-week high of $35.42. The stock’s 50-day moving average is $31.71 and its 200-day moving average is $28.46. The company has a market cap of $2.274 billion and a P/E ratio of 716.46.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) last released its earnings data on Wednesday, May 7th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.11. Analysts expect that Enbridge Energy Management, L.L.C. will post $0.96 EPS for the current fiscal year.

A number of research firms have recently commented on EEQ. Analysts at S&P Equity Research downgraded shares of Enbridge Energy Management, L.L.C. from a “hold” rating to a “sell” rating in a research note on Tuesday, July 1st. They now have a $31.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Enbridge Energy Management, L.L.C. in a research note on Thursday, June 5th. They now have a $33.00 price target on the stock, up previously from $30.00. Finally, analysts at Global Hunter Securities initiated coverage on shares of Enbridge Energy Management, L.L.C. in a research note on Tuesday, June 3rd. They set a “neutral” rating on the stock.

Enbridge Energy Management, LLC. (NYSE:EEQ) is a limited partner of Enbridge Energy Partners, L.

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