TC PipeLines, LP – Consensus Indicates Potential 17.8% Upside

Broker Ratings

TC PipeLines, LP found using ticker (TCP) have now 2 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 35 and 35 calculating the average target price we see 35. Now with the previous closing price of 29.72 this would indicate that there is a potential upside of 17.8%. The 50 day moving average now sits at 30.31 and the 200 day moving average is 29.79. The company has a market capitalisation of $2,212m. Find out more information at: http://www.tcpipelineslp.com

TC PipeLines, LP acquires, owns, and participates in the management of energy infrastructure businesses in North America. The company has interests in eight natural gas interstate pipeline systems that transport approximately 10.9 billion cubic feet per day of natural gas from producing regions and import facilities to market hubs and consuming markets primarily in the Western, Midwestern, and Eastern United States. It serves large utilities, local distribution companies, natural gas marketers, producing companies, and other interstate pipelines, including affiliates. TC PipeLines GP operates as a general partner of the company. TC PipeLines, LP was founded in 1998 and is based in Houston, Texas.

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