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Shares of Enbridge Energy Partners, L.P. (NYSE:EEP) have earned a consensus recommendation of “Hold” from the nine analysts that are presently covering the stock, American Banking and Market News reports. One research analyst has rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $34.36.

EEP has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Enbridge Energy Partners, L.P. in a research note on Wednesday, August 13th. They now have a $34.50 price target on the stock, up previously from $28.00. Separately, analysts at RBC Capital raised their price target on shares of Enbridge Energy Partners, L.P. from $32.00 to $34.00 in a research note on Friday, August 1st. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Enbridge Energy Partners, L.P. in a research note on Friday, July 18th. They now have a $36.00 price target on the stock, up previously from $33.00.

Shares of Enbridge Energy Partners, L.P. (NYSE:EEP) opened at 35.71 on Thursday. Enbridge Energy Partners, L.P. has a 1-year low of $26.00 and a 1-year high of $37.15. The stock’s 50-day moving average is $34.79 and its 200-day moving average is $30.89. The company’s market cap is $11.721 billion.

Enbridge Energy Partners, L.P. (NYSE:EEP) last announced its earnings results on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.24 by $0.03. The company had revenue of $1.87 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same quarter last year, the company posted $0.18 earnings per share. Enbridge Energy Partners, L.P.’s revenue was up 11.9% compared to the same quarter last year. On average, analysts predict that Enbridge Energy Partners, L.P. will post $0.94 earnings per share for the current fiscal year.

Enbridge Energy Partners, L.P. (NYSE:EEP) owns and operates crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States.

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