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Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) have received an average rating of “Hold” from the thirteen ratings firms that are currently covering the stock, AnalystRatingsNetwork.com reports. Three investment analysts have rated the stock with a sell recommendation, eight have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $34.18.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) opened at 34.35 on Tuesday. Enbridge Energy Management, L.L.C. has a 1-year low of $25.7073 and a 1-year high of $35.42. The stock has a 50-day moving average of $32.21 and a 200-day moving average of $28.66. The company has a market cap of $2.274 billion and a P/E ratio of 716.25.

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 for the quarter, missing the analysts’ 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 Credit Suisse reiterated a “neutral” rating on shares of Enbridge Energy Management, L.L.C. in a research note on Wednesday. Separately, 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. Finally, 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.

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

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