Analyst Price Target is $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
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.
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.