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Enbridge Energy Partners, L.P. (NYSE:EEP) has been given an average rating of “Hold” by the nine brokerages that are presently covering the stock, Analyst Ratings.Net reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $34.36.

Shares of Enbridge Energy Partners, L.P. (NYSE:EEP) opened at 35.83 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 $34.81 and its 200-day moving average is $30.98. The company’s market cap is $11.760 billion.

Enbridge Energy Partners, L.P. (NYSE:EEP) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, missing the Thomson Reuters 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 in the prior year, the company posted $0.18 earnings per share. The company’s quarterly revenue was up 11.9% on a year-over-year basis. On average, analysts predict that Enbridge Energy Partners, L.P. will post $0.94 earnings per share for the current fiscal year.

Several analysts have recently commented on the stock. 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.

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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