Enbridge Energy Management (EEQ) Receiving Positive Media Coverage, Report Shows

Media headlines about Enbridge Energy Management (NYSE:EEQ) have trended positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of 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 0.26 on Accern’s scale. Accern also assigned media headlines about the oil and gas producer an impact score of 47.5797667509507 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

A number of analysts have recently commented on the company. Zacks Investment Research upgraded Enbridge Energy Management from a “hold” rating to a “buy” rating and set a $18.00 price objective for the company in a report on Tuesday, October 10th. Royal Bank of Canada restated a “hold” rating and set a $21.00 price objective on shares of Enbridge Energy Management in a report on Wednesday, September 27th. Finally, ValuEngine downgraded 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 and three have issued a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $19.33.

Shares of Enbridge Energy Management (EEQ) opened at $13.76 on Friday. Enbridge Energy Management has a twelve month low of $12.03 and a twelve month high of $26.53.

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