TC PIPELINES LP Common Stock (TSE:TRP) price target raised to C$76.00 by CIBC

ME Staff
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Analyst Ratings For TC PIPELINES LP Common Stock (TSE:TRP)

Today, CIBC raised its price target on TC PIPELINES LP Common Stock (TSE:TRP) to C$76.00 per share.

There are 2 Hold Ratings, 2 Buy Ratings, 1 Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on TC PIPELINES LP Common Stock (TSE:TRP) is Buy with a consensus target price of C$69.33 per share, a potential 29.18% upside.

Some recent analyst ratings include

  • 3/22/2018-TC PIPELINES LP Common Stock (TSE:TRP) gets downgraded to Market Perform by Wells Fargo & Co with a price target of C$62.00


    About TC PIPELINES LP Common Stock (TSE:TRP)
    TransCanada Corporation operates as an energy infrastructure company in North America. It operates through Canadian Natural Gas Pipelines, U.S. Natural Gas Pipelines, Mexico Natural Gas Pipelines, Liquids Pipelines, and Energy segments. The company transports natural gas to local distribution companies, power generation and individual facilities, interconnecting pipelines, and other businesses. It owns and operates a network of 80,800 km of wholly-owned natural gas pipelines and 11,100 km of partially-owned natural gas pipelines; and regulated natural gas storage facilities with a total working gas capacity of 535 Bcf. The company also owns and operates Keystone pipeline system of 4,324 km for the transportation of crude oil from Hardisty, Alberta to Wood River and Patoka in Illinois; Cushing, Oklahoma; and the U.S. Gulf Coast. In addition, it operates terminal and pipeline facilities to transport crude oil from the market hub at Cushing, Oklahoma to the U.S. Gulf Coast refining markets. Further, the company owns, controls, and develops approximately 7,000 MW of generation capacity powered by natural gas, nuclear, and wind assets; and owns and operates regulated and unregulated natural gas storage facilities. It also operates 11 power generation facilities and 118 Bcf of non-regulated natural gas storage facilities in Alberta, Ontario, Québec, and New Brunswick in Canada, as well as in Arizona. TransCanada Corporation was founded in 1951 and is headquartered in Calgary, Canada.

    Recent Trading Activity for TC PIPELINES LP Common Stock (TSE:TRP)
    Shares of TC PIPELINES LP Common Stock closed the previous trading session at 53,68 −0,040 0,074 % with 119042 shares trading hands.