Enbridge Energy Partners LP (NYSE: EEP) was upgraded by Oppenheimer from a ?market perform? rating to an ?outperform? rating in a research note issued on Friday.
Other equities research analysts have also recently issued reports about the stock. Analysts at Zacks reiterated a ?neutral? rating on shares of Enbridge Energy Partners LP in a research note to investors on Monday. They now have a $31.00 price target on the stock. Separately, analysts at Barclays Capital reiterated a ?positive? rating on shares of Enbridge Energy Partners LP in a research note to investors on Monday, May 21st. Finally, analysts at Wells Fargo & Co. upgraded shares of Enbridge Energy Partners LP from a ?market perform? rating to an ?outperform? rating in a research note to investors on Friday, May 18th.
Shares of Enbridge Energy Partners LP opened at 30.18 on Friday. Enbridge Energy Partners LP has a 52 week low of $24.66 and a 52 week high of $33.85. The company has a market cap of $8.602 billion and a P/E ratio of 16.46.
Enbridge Energy Partners LP last issued its quarterly earnings data on Monday, April 30th. The company reported $0.28 earnings per share for the quarter, missing the analysts? consensus estimate of $0.37 by $0.09. Enbridge Energy Partners LP?s revenue was down 17.0% compared to the same quarter last year. On average, analysts predict that Enbridge Energy Partners LP will post $0.36 earnings per share next quarter.
Enbridge Energy Partners, L.P. (Partnership) is engaged in owning and operating crude oil and liquid petroleum transportation and storage assets, and natural gas gathering, treating, processing, transportation and marketing assets in the United States.
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