Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Enbridge Energy Management (EEQ) Stock Price
News headlines about Enbridge Energy Management (NYSE:EEQ) have been trending somewhat positive recently, according to Accern. The research firm identifies positive and negative press coverage by analyzing more than twenty 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 coverage optimism score of 0.19 on Accern’s scale. Accern also gave press coverage about the oil and gas producer an impact score of 47.6161296419387 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the media headlines that may have impacted Accern’s analysis:
- Enbridge Energy Management LLC (EEQ) Short Interest Down 35.4% in September (americanbankingnews.com)
- Enbridge Energy Management LLC (EEQ) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Enbridge Energy Management LLC (NYSE:EEQ) Stock Traded Higher Than Its 50 Day Moving Average – First News 24 (firstnewspaper24.com)
- Comparing Enbridge Energy Management (EEQ) & Its Competitors (americanbankingnews.com)
Several research firms recently weighed in on EEQ. BidaskClub upgraded shares of Enbridge Energy Management from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 27th. Morgan Stanley downgraded shares of Enbridge Energy Management from an “overweight” rating to an “equal weight” rating and dropped their target price for the company from $21.58 to $19.00 in a report on Thursday, June 15th. Zacks Investment Research downgraded shares of Enbridge Energy Management from a “buy” rating to a “hold” rating in a report on Tuesday, July 11th. Royal Bank Of Canada reiterated a “hold” rating and issued a $21.00 target price on shares of Enbridge Energy Management in a report on Wednesday, September 27th. Finally, ValuEngine downgraded shares of Enbridge Energy Management from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Two analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $22.33.
Enbridge Energy Management (NYSE:EEQ) traded up 2.16% during trading on Thursday, hitting $16.10. 1,034,414 shares of the company’s stock traded hands. The stock’s market cap is $1.38 billion. The firm’s 50-day moving average price is $14.52 and its 200 day moving average price is $15.70. Enbridge Energy Management has a 12-month low of $13.42 and a 12-month high of $25.96.
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Enbridge Energy Management Company Profile
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