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Is this Large Market Cap Stock target price reasonable for Enbridge Energy Partners, L.P. (NYSE:EEP)?

The company in question is, Enbridge Energy Partners, L.P. (NYSE:EEP) currently with a stock price of 25.46 (-2.64% today). The market cap for Enbridge Energy Partners, L.P. is 8990.11, and is in the sector Basic Materials, and Oil & Gas Pipelines industry. The target price for Enbridge Energy Partners, L.P. is 26. Currently Enbridge Energy Partners, L.P. is trading with a P/E of 297.16, and a forward P/E of 30.37. Average volume for Enbridge Energy Partners, L.P. is 1055.74 and so far today it is 344629.

Performance in the last year for Enbridge Energy Partners, L.P. has been 7.20%. For EPS growth, Enbridge Energy Partners, L.P. has seen a growth of -137.60%, and is looking to grow in the next year to 15.88%. More long term stats show that EPS growth has been 25.50% over the last five years and could be 14.20% for the next five years. Enbridge Energy Partners, L.P. has seen sales growth quarter over quarter at -20.10%, with EPS growth quarter over quarter at 118.20%. The 20-day simple moving average is 3.54%, with the 200-day simple moving average coming to 23.78%.

Since the IPO date for Enbridge Energy Partners, L.P. on the 12/20/1991, Enbridge Energy Partners, L.P. has seen performance year to date to be 23.72%. With Enbridge Energy Partners, L.P. trading at 25.46, the dividend yield is 8.91%, and the EPS is 0.09.

So could Enbridge Energy Partners, L.P., be undervalued? Well as said before P/E is 297.16. The PEG is 20.93, P/S is 1.99 and the P/B is at 2.75. The P/cash is 67.54, with P/free cash flow at *TBA.

Enbridge Energy Partners, L.P. ability to deal with debt shows that the current ratio is 0.4, and the quick ratio is 0.4. This is with long term debt/equity at 2.49, and total debt/equity at 2.58.

In terms of margins, Enbridge Energy Partners, L.P. has a gross margin of 57.40%, an operating margin of 21.70% and a profit margin of 0.80%.Payout ratio for Enbridge Energy Partners, L.P. is *TBA. Return on assets come to 0.20% with return on investment coming to 5.80%.

Insider ownership for Enbridge Energy Partners, L.P., is at 17.77% and institutional ownership comes to 77.40%. Outstanding shares are at 343.79. While shares float is 149.54. The float short is currently 6.75%, and short ratio is 9.56.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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