NYSE:TCP - TC PipeLines Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $29.00
Forecasted Upside: -4.01 %
Number of Analysts: 3
Breakdown:
0 Sell Ratings
3 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$30.21 As of 03/16/2021 01:00 AM ET

+0.30 (1.20%)

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Analyst Price Target for TCP

^$29.00

▼ -4.01% Downside Potential

This price target is based on 3 analysts offering 12 month price targets for TC PipeLines in the last 3 months. The average price target is $29.00, with a high forecast of $29.00 and a low forecast of $29.00. The average price target represents a -4.01% upside from the last price of $30.21.

Current Consensus is Hold

The current consensus among 3 contributing investment analysts is to hold stock in TC PipeLines. This rating has held steady since January 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details Read Past Recommendations Description Skip Past Price Target Consensus Chart

0 strong buy ratings
5 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

2/12/2020

0 strong buy ratings
7 buy ratings
2 hold ratings
0 sell ratings

Ratings as of

5/12/2020

0 strong buy ratings
7 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

8/10/2020

0 strong buy ratings
5 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

11/8/2020

0 strong buy ratings
4 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

2/6/2021

0 strong buy ratings
1 buy ratings
5 hold ratings
0 sell ratings

Ratings as of

5/7/2021

0 strong buy ratings
0 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

7/6/2021

0 strong buy ratings
0 buy ratings
3 hold ratings
0 sell ratings

Ratings as of

8/5/2021

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
3/8/2021	Wells Fargo & Company	Reiterated Rating	Overweight ➝ Equal Weight	$29.00	Low
3/1/2021	Wells Fargo & Company	Downgrade	Overweight ➝ Equal Weight	$29.00	Low
2/1/2021	US Capital Advisors	Downgrade	Overweight ➝ Hold		Medium
12/16/2020	Raymond James	Reiterated Rating	Market Perform		Low
11/11/2020	Raymond James	Reiterated Rating	Market Perform		Low
7/10/2020	US Capital Advisors	Initiated Coverage	Overweight		Medium
7/9/2020	Raymond James	Initiated Coverage	Market Perform		High
7/6/2020	The Goldman Sachs Group	Upgrade	Sell ➝ Neutral	$51.00 ➝ $52.00	High
6/19/2020	Citigroup	Lower Price Target	Neutral	$40.00 ➝ $35.00	High
5/12/2020	Jefferies Financial Group	Initiated Coverage	Buy	$39.00	Medium
4/15/2020	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Overweight	$41.00 ➝ $46.00	Low
4/14/2020	Wells Fargo & Company	Boost Price Target	Overweight	$39.00 ➝ $41.00	High
3/20/2020	Wolfe Research	Upgrade	Peer Perform ➝ Outperform	$44.00 ➝ $32.00	High
3/16/2020	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$44.00	High
1/14/2020	Barclays	Upgrade	Equal Weight ➝ Overweight	$44.00 ➝ $48.00	N/A
1/8/2020	Wolfe Research	Upgrade	Underperform ➝ Peer Perform		Low
11/4/2019	UBS Group	Upgrade	Neutral ➝ Buy	$39.00 ➝ $44.00	Medium
11/1/2019	Citigroup	Set Price Target	Hold	$40.00	Medium
10/16/2019	Barclays	Reiterated Rating	Hold	$44.00	Low
9/20/2019	Bank of America	Upgrade	Underperform ➝ Buy	$47.00	High
4/16/2019	Barclays	Upgrade	Underweight ➝ Equal Weight	$33.00 ➝ $40.00	Medium
3/19/2019	Wells Fargo & Company	Upgrade	Market Perform ➝ Outperform	$31.00 ➝ $38.00	High
3/18/2019	JPMorgan Chase & Co.	Boost Price Target	Underweight ➝ Underweight	$35.00 ➝ $38.00	Medium
2/22/2019	Barclays	Reiterated Rating	Sell	$33.00	Low
2/1/2019	JPMorgan Chase & Co.	Downgrade	Neutral ➝ Underweight	$36.00 ➝ $35.00	Low
1/7/2019	Wolfe Research	Downgrade	Market Perform ➝ Underperform		Medium
10/19/2018	Morgan Stanley	Set Price Target	Sell	$35.00	Low
10/13/2018	Barclays	Set Price Target	Sell	$31.00	High
10/8/2018	The Goldman Sachs Group	Initiated Coverage	Sell ➝ Sell	$23.00	High
8/6/2018	Barclays	Boost Price Target	Underweight ➝ Sell	$26.00 ➝ $32.00	Medium
7/31/2018	Citigroup	Boost Price Target	Neutral ➝ Hold	$27.50 ➝ $33.00	Low
5/14/2018	Citigroup	Downgrade	Buy ➝ Neutral	$43.00	Medium
5/3/2018	Morgan Stanley	Lower Price Target	Underweight ➝ Underweight	$37.00 ➝ $26.00	Low
5/3/2018	Royal Bank of Canada	Downgrade	Outperform ➝ Sector Perform	$67.00	Low
5/2/2018	Barclays	Lower Price Target	Underweight ➝ Underweight	$31.00 ➝ $26.00	Low
4/17/2018	Barclays	Lower Price Target	Underweight ➝ Underweight	$55.00 ➝ $31.00	Low
3/28/2018	Citigroup	Lower Price Target	Buy ➝ Buy	$58.00 ➝ $43.00	Low
3/23/2018	Morgan Stanley	Lower Price Target	Underweight ➝ Underweight	$56.00 ➝ $37.00	Medium
3/22/2018	Wells Fargo & Company	Lower Price Target	Market Perform	$59.00 ➝ $42.00	Low
3/21/2018	Bank of America	Downgrade	Neutral ➝ Underperform		Low
3/19/2018	Royal Bank of Canada	Lower Price Target	Outperform	$45.00	Low
3/19/2018	UBS Group	Downgrade	Buy ➝ Neutral	$55.00	Medium
3/16/2018	LADENBURG THALM/SH SH	Set Price Target	Hold	$50.00	High
3/2/2018	UBS Group	Reiterated Rating	Buy ➝ Buy	$58.00 ➝ $55.00	Low
1/19/2018	Barclays	Reiterated Rating	Sell	$55.00	Medium
1/12/2018	Tudor Pickering	Initiated Coverage	Hold ➝ Hold	$58.00	Medium
1/9/2018	Bank of America	Initiated Coverage	Neutral		Low
12/8/2017	Citigroup	Upgrade	Neutral ➝ Buy	$58.00	Low
11/15/2017	Wells Fargo & Company	Lower Price Target	Market Perform	$62.00 ➝ $58.00	N/A
11/9/2017	Royal Bank of Canada	Reiterated Rating	Outperform ➝ Outperform	$72.00 ➝ $68.00	N/A
11/7/2017	UBS Group	Lower Price Target	Buy	$63.00 ➝ $61.00	N/A
10/30/2017	Royal Bank of Canada	Reiterated Rating	Buy	$72.00	N/A
9/27/2017	Royal Bank of Canada	Reiterated Rating	Buy	$72.00	Low
8/21/2017	Royal Bank of Canada	Reiterated Rating	Buy	$72.00	Medium
8/9/2017	Barclays	Reiterated Rating	Underweight	$57.00 ➝ $58.00	High
8/3/2017	Barclays	Reiterated Rating	Underweight	$57.00 ➝ $58.00	Low
7/21/2017	Barclays	Reiterated Rating	Sell	$57.00	Low
5/12/2017	Wolfe Research	Initiated Coverage	Market Perform	$60.00	Low
5/5/2017	UBS Group	Reiterated Rating	Buy	$67.00 ➝ $68.00	N/A
3/7/2017	Barclays	Boost Price Target	Underweight ➝ Underweight	$48.00 ➝ $59.00	N/A
1/20/2017	LADENBURG THALM/SH SH	Initiated Coverage	Neutral	$61.00	N/A
1/6/2017	Royal Bank of Canada	Reiterated Rating	Buy	$67.00	N/A
12/12/2016	Royal Bank of Canada	Upgrade	Sector Perform ➝ Outperform	$61.00 ➝ $67.00	N/A
11/9/2016	Wells Fargo & Company	Reiterated Rating	Hold ➝ Neutral		N/A

(Data available from 8/5/2016 forward)

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, Inc. operates as a general partner of the company. TC PipeLines, LP was founded in 1998 and is based in Houston, Texas.

Today's Range

Now: $30.21

$30.21

50 Day Range

MA: $30.13

$29.12

$30.21

52 Week Range

Now: $30.21

$18.00

$39.69

Volume

N/A

Average Volume

873,040 shs

Market Capitalization

$2.15 billion

P/E Ratio

7.87

Dividend Yield

8.61%

Beta

0.96

Frequently Asked Questions

What sell-side analysts currently cover shares of TC PipeLines?

The following sell-side analysts have issued research reports on TC PipeLines in the last year: Raymond James, TheStreet, US Capital Advisors, Wells Fargo & Company, and Zacks Investment Research.
View the latest analyst ratings for TCP.

What is the current price target for TC PipeLines?

1 Wall Street analysts have set twelve-month price targets for TC PipeLines in the last year. Their average twelve-month price target is $29.00, suggesting a possible downside of 4.0%. Wells Fargo & Company has the highest price target set, predicting TCP will reach $29.00 in the next twelve months. Wells Fargo & Company has the lowest price target set, forecasting a price of $29.00 for TC PipeLines in the next year.
View the latest price targets for TCP.

What is the current consensus analyst rating for TC PipeLines?

TC PipeLines currently has 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in TCP, but not buy more shares or sell existing shares.
View the latest ratings for TCP.

What other companies compete with TC PipeLines?

Other companies that are similar to TC PipeLines include Western Midstream Partners, DCP Midstream, Antero Midstream, DT Midstream, Enable Midstream Partners, Equitrans Midstream, EnLink Midstream, USA Compression Partners, Rattler Midstream, Archrock, Altus Midstream, Transportadora de Gas del Sur and Summit Midstream Partners.

How do I contact TC PipeLines' investor relations team?

TC PipeLines' physical mailing address is 700 Louisiana Street Suite700, Houston TX, 7700. The pipeline company's listed phone number is 877-290-2772 and its investor relations email address is [email protected] The official website for TC PipeLines is www.tcpipelineslp.com.