Enbridge Energy Management (EEQ) Receiving Somewhat Positive Press Coverage, Report Shows
Headlines about Enbridge Energy Management (NYSE:EEQ) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research firm identifies positive and negative press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Enbridge Energy Management earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 48.2245320497793 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
EEQ has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded Enbridge Energy Management from a “hold” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Monday, June 19th. BidaskClub cut Enbridge Energy Management from a “sell” rating to a “strong sell” rating in a report on Friday, July 28th. Morgan Stanley cut Enbridge Energy Management from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $21.58 to $19.00 in a report on Thursday, June 15th. ValuEngine cut Enbridge Energy Management from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Finally, Royal Bank Of Canada restated a “hold” rating and set a $21.00 target price on shares of Enbridge Energy Management in a report on Monday, August 21st. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $22.60.
Enbridge Energy Management (EEQ) traded up 0.69% during trading on Friday, hitting $14.65. The stock had a trading volume of 217,539 shares. The stock has a 50 day moving average of $14.32 and a 200 day moving average of $15.82. Enbridge Energy Management has a one year low of $13.42 and a one year high of $25.96. The firm’s market capitalization is $1.25 billion.
About Enbridge Energy Management
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