Enbridge Energy Management (EEQ) Receiving Somewhat Favorable Media Coverage, Analysis Shows
News stories about Enbridge Energy Management (NYSE:EEQ) have been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enbridge Energy Management earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the oil and gas producer an impact score of 48.1596428238138 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of Enbridge Energy Management (NYSE:EEQ) traded down 0.99% during midday trading on Tuesday, reaching $14.93. 203,328 shares of the company’s stock traded hands. Enbridge Energy Management has a 12 month low of $13.42 and a 12 month high of $25.96. The firm’s market cap is $1.28 billion. The stock has a 50-day moving average price of $14.96 and a 200 day moving average price of $15.62.
Several brokerages have issued reports on EEQ. Zacks Investment Research upgraded shares of Enbridge Energy Management from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Tuesday, October 10th. BidaskClub upgraded shares of Enbridge Energy Management from a “strong sell” rating to a “sell” rating in a research report on Tuesday, June 27th. Royal Bank Of Canada restated a “hold” rating and set a $21.00 price objective on shares of Enbridge Energy Management in a research report on Wednesday, September 27th. Finally, ValuEngine downgraded shares of Enbridge Energy Management from a “hold” rating to a “sell” rating in a research report on Friday, September 1st. Two analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. Enbridge Energy Management currently has an average rating of “Hold” and a consensus price target of $21.25.
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Enbridge Energy Management Company Profile
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