Media stories about TC Pipelines (NYSE:TCP) have been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. TC Pipelines earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 44.9479363661626 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.

A number of equities research analysts recently weighed in on the stock. UBS Group lowered their price target on shares of TC Pipelines from $63.00 to $61.00 and set a “buy” rating for the company in a report on Tuesday, November 7th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $68.00 price target (down from $72.00) on shares of TC Pipelines in a report on Thursday, November 9th. Zacks Investment Research upgraded shares of TC Pipelines from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Tuesday, October 17th. Citigroup upgraded shares of TC Pipelines from a “neutral” rating to a “buy” rating and set a $58.00 price objective on the stock in a research note on Friday, December 8th. Finally, Wells Fargo & Co reduced their price objective on shares of TC Pipelines from $62.00 to $58.00 and set a “market perform” rating on the stock in a research note on Wednesday, November 15th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and four have assigned a buy rating to the stock. TC Pipelines has a consensus rating of “Hold” and an average target price of $60.50.

TC Pipelines (TCP) traded up $0.16 during trading on Monday, hitting $53.10. 480,400 shares of the stock were exchanged, compared to its average volume of 163,807. The company has a debt-to-equity ratio of 2.38, a quick ratio of 1.06 and a current ratio of 1.12. TC Pipelines has a one year low of $48.55 and a one year high of $65.03. The company has a market cap of $3,710.68, a P/E ratio of 17.18, a P/E/G ratio of 2.82 and a beta of 0.96.

TC Pipelines (NYSE:TCP) last posted its quarterly earnings results on Monday, November 6th. The pipeline company reported $0.61 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.67 by ($0.06). TC Pipelines had a return on equity of 21.46% and a net margin of 64.04%. The business had revenue of $100.00 million during the quarter, compared to the consensus estimate of $126.78 million. equities analysts expect that TC Pipelines will post 3.14 EPS for the current year.

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About TC Pipelines

TC PipeLines, LP is a master limited partnership. The Company acquires, owns and participates in the management of energy infrastructure businesses in North America. The Company’s pipeline systems transport natural gas in the United States. As of December 31, 2016, the Company had four pipelines and equity ownership interests in three natural gas interstate pipeline systems that are collectively designed to transport approximately 9.1 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.

Insider Buying and Selling by Quarter for TC Pipelines (NYSE:TCP)

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