Enbridge Energy Management (EEQ) Receives Daily Coverage Optimism Score of 0.22

Headlines about Enbridge Energy Management (NYSE:EEQ) have trended somewhat positive on Thursday, according to Accern. Accern identifies negative and positive news coverage by analyzing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Enbridge Energy Management earned a media sentiment score of 0.22 on Accern’s scale. Accern also assigned news headlines about the oil and gas producer an impact score of 46.7036644251602 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.

Shares of Enbridge Energy Management (NYSE EEQ) opened at $12.53 on Thursday. The firm has a market cap of $1,177.66, a P/E ratio of -164.54 and a beta of 1.16. Enbridge Energy Management has a 1 year low of $11.98 and a 1 year high of $19.00.

A number of equities analysts have weighed in on the stock. Morgan Stanley downgraded shares of Enbridge Energy Management from an “equal weight” rating to an “underweight” rating in a research note on Thursday, January 11th. Zacks Investment Research downgraded shares of Enbridge Energy Management from a “hold” rating to a “sell” rating in a research note on Wednesday, January 17th. Bank of America assumed coverage on shares of Enbridge Energy Management in a research note on Tuesday, January 9th. They set an “underperform” rating and a $14.00 target price for the company. ValuEngine downgraded shares of Enbridge Energy Management from a “hold” rating to a “sell” rating in a research note on Sunday, December 31st. Finally, Royal Bank of Canada reaffirmed a “hold” rating and set a $21.00 target price on shares of Enbridge Energy Management in a research note on Monday, October 30th. Four research analysts have rated the stock with a sell rating and one has given a hold rating to the stock. The stock presently has an average rating of “Sell” and a consensus price target of $17.50.

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About Enbridge Energy Management

Enbridge Energy Management, LLC is a limited partner of Enbridge Energy Partners, L.P. (the Partnership). The Company owns i-units, a special class of the Partnership’s limited partner interests. The Company manages the business of the Partnership. The Partnership 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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