Share on StockTwits

Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) have received an average recommendation of “Hold” from the thirteen ratings firms that are covering the stock, American Banking News.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a buy recommendation to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $30.80.

Shares of Enbridge Energy Management, L.L.C. (NYSE:EEQ) traded down 0.03% during mid-day trading on Tuesday, hitting $35.36. 21,524 shares of the company’s stock traded hands. Enbridge Energy Management, L.L.C. has a one year low of $25.3024 and a one year high of $35.39. The stock’s 50-day moving average is $34.01 and its 200-day moving average is $29.57. The company’s market cap is $2.341 billion.

Enbridge Energy Management, L.L.C. (NYSE:EEQ) last posted its quarterly earnings results on Monday, August 18th. The company reported $0.02 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.23 by $0.21. Analysts expect that Enbridge Energy Management, L.L.C. will post $1.00 EPS for the current fiscal year.

EEQ has been the subject of a number of recent research reports. Analysts at RBC Capital raised their price target on shares of Enbridge Energy Management, L.L.C. from $30.00 to $34.00 in a research note on Friday, August 1st. Separately, analysts at Goldman Sachs reiterated a “buy” rating on shares of Enbridge Energy Management, L.L.C. in a research note on Wednesday, July 30th. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Enbridge Energy Management, L.L.C. in a research note on Wednesday, July 9th.

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

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.