TransCanada (TRP) Hits New 12-Month Low at $59.12

Sunday, 14 Jan, 2018

It operates in five divisions: Rigid Industrial Packaging & Services; Paper Packaging & Services; Flexible Products & Services; and Land Management. It has a 410 P/E ratio. (NYSE:IQV) to report $1.34 EPS on February, 13.They anticipate $0.25 EPS change or 22.94% from last quarter's $1.09 EPS. Montrusco Bolton Investments Inc. owned about 0.19% of TransCanada worth $81,583,000 at the end of the most recent quarter. The stock increased 0.18% or $0.18 during the last trading session, reaching $100.04. About 718,810 shares traded.

TransCanada Corporation (NYSE:TRP) opened at 46.65 on Wednesday. It has underperformed by 16.70% the S&P500. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. TransCanada Corporation had 23 analyst reports since August 4, 2015 according to SRatingsIntel. Finally, National Bank Financial boosted their price objective on shares of TransCanada from C$68.00 to C$69.00 and gave the stock a "sector perform" rating in a research note on Wednesday, November 29th. The firm earned "Outperform" rating on Friday, March 31 by Wells Fargo. Morgan Stanley maintained TransCanada Corporation (NYSE:TRP) on Friday, November 17 with "Equal-Weight" rating. TransCanada Corporation maintained the stock with "Outperform" rating in Friday, October 14 report. IBC upgraded the shares of TRP in report on Monday, December 7 to "Sector Outperformer" rating. The stock of TransCanada Corporation (TSE:TRP) has "Buy" rating given on Tuesday, January 17 by TD Securities. The rating was maintained by Scotia Capital on Thursday, December 8 with "Outperform". BMO Capital Markets maintained the stock with "Buy" rating in Tuesday, September 5 report. Reaves W H & Company Inc acquired 9,727 shares as Transcanada Corp (TRP)'s stock declined 2.34%. JP Morgan has "Overweight" rating and $64 target.

TransCanada Corporation operates as an energy infrastructure firm in North America. The Natural Gas Pipelines segment consists of the Company's investments in approximately 67,300 kilometers (km) (approximately 41,900 miles) of regulated natural gas pipelines and over 250 billion cubic feet (Bcf) of regulated natural gas storage facilities. It operates through Canadian Natural Gas Pipelines, U.S. It has a 29.05 P/E ratio. The Reaves W H & Company Inc holds 700,382 shares with $34.62 million value, up from 690,655 last quarter. About 98,327 shares traded. (CIO) has risen 7.65% since January 12, 2017 and is uptrending. It has outperformed by 50.67% the S&P500.

Orinda Asset Management Llc holds 6.21% of its portfolio in City Office REIT, Inc. for 491,580 shares. Citigroup boosted their price objective on shares of TransCanada from C$68.00 to C$71.00 in a research note on Friday, December 8th. The United Kingdom-based Gsa Capital Partners Llp has invested 0.34% in the stock. Connor Clark & Lunn Investment Management Ltd sold 82,875 shares as Paccar Inc.

Analysts expect IQVIA Holdings Inc. After $1.14 actual earnings per share reported by PACCAR Inc for the previous quarter, Wall Street now forecasts -3.51% negative EPS growth. This represents a $1.96 dividend on an annualized basis and a dividend yield of 4.11%. RBC Capital Markets maintained the stock with "Buy" rating in Monday, October 2 report. The company was downgraded on Monday, April 11 by Macquarie Research. Bank of America initiated coverage on shares of TransCanada in a research note on Tuesday.

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