Analyst Ratings for Enbridge Energy Management L.L.C. (EEQ)

Updated: 2017-07-29

Enbridge Energy Management L.L.C. (NYSE:EEQ) was awarded an average rating of Hold from investment analysts following the stock. EEQ had previously received a consensus rating of Hold a month ago.

6 analysts issued ratings on the stock, where 1 gave EEQ a buy rating, 0 issued an overweight rating, 4 gave a hold rating, 1 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has decreased by 1. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.

A number of analysts gave price targets for EEQ. The maximum price target given was 21, implying a possible profit of 37.8 percent. The lowest price target was 17, which equates to a potential downside of 11.55 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is 77.98 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 104.55 percent.

People are often interested in whether analysts were united in the direction of their revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, while 0 analysts decreased their estimates.

In the trailing 52-weeks, EEQ hit 25.36 at the highest peak, while it's lowest trading point was 14.45. Currently the stock is 5.47 percent higher than its low, and 39.91 percent lower than its 52-week high. EEQ has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The EEQ value stock report compares EEQ to some of its peers using value stock charts. The market cap of EEQ is $1.38 billion. EEQ will post this quarters earnings in days, on 0000-00-00.