Enbridge Energy Partners, L.P. (NYSE:EEP) registered a -10.88% decrease, still its new closing price is 44.12% up from the company’s 1 year high of 26.17.It posted -23.25% losses in previous 5 sessions and is now the subject of 5 analysts who together assign a hold rating on stock. 1 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 10 stock analysts following this company have an average price target at $25.17, with individual PT in the $18.00-$29.00 range. The shares moved at $19.01, implying that brokerage firms see shares gaining about 16.52% in twelve months time.
Enbridge Energy Partners, L.P. (EEP) SEC Form 4 News
The stock is getting much attention these days as insiders are adding shares while they posted a -25.39% fall year to date. A Vice President – Finance at Enbridge Energy Partners, L.P. (EEP) acquired shares in a transaction closed on Thursday December 17, 2015. Neyland Stephen J bought 1,200 shares in the company at $19.98 each and collected $23,001 in proceeds. Neyland Stephen J now owns 1,200 shares in the company after this transaction. A Vice President-Natural Gas Mar in the company, Coy Janet L, disclosed a transaction on Friday February 14, 2014 that ended up paying $0 from the purchase of 11 shares at $28.76 per share.
Enbridge Energy Partners, L.P. (NYSE:EEP) Upcoming Results on Tap
Enbridge Energy Partners, L.P. will next provide financial results for the March 2017 quarter. Stock analysts expect it to report per-share earnings of $0.20 in that period. Sales during the quarter are predicted to arrive at $1.07 billion.
Earnings surprise history: Last quarter, the company posted approximately $1.12 billion in revenue and EPS of $0.09. The mean forecast was for $1.13 billion and $0.19 a share, respectively. One quarter earlier, revenue for the stock was at $1.05 billion, with earnings at $0.22/share.
Enbridge Energy Partners, L.P. (EEP) Brokerage Update
Enbridge Energy Partners, L.P. (EEP) is in Mizuho’s research list so their analyst rating change is noteworthy. These shares were downgraded to Neutral from Buy by Mizuho, according to news reported on Monday January 30, 2017.Another important research note was issued by Goldman on Monday September 19, 2016.The firm upgraded EEP to Neutral from Sell. Over the last six months and over the last three months, the shares of Enbridge Energy Partners, L.P. (EEP), have changed -14.34% and -25.23%, respectively.