A report released today by Janney Montgomery Scott about Boardwalk Pipeline Partners, LP (NYSE:BWP) ups the target price to $18.00
- Updated: September 29, 2016
Boardwalk Pipeline Partners, LP (NYSE:BWP) had its target price raised to $18.00 by Janney Montgomery Scott in a report released Thursday September 29, 2016. The new target price indicates a possible upside of 0.06% based on the company's last closing price.
Yesterday Boardwalk Pipeline Partners, LP (NYSE:BWP) traded 0.00% even at $17.00. The company’s 50-day moving average is $16.71 and its 200-day moving average is $16.45. The last closing price is up 3.33% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 0 shares of the stock were exchanged, down from an average trading volume of 568,638
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Boardwalk Pipeline Partners, LP has a 52 week low of $8.86 and a 52 week high of $18.16 with a P/E ratio of 16.05 The company’s market cap is currently $0.
In addition to Janney Montgomery Scott reporting its stock price target, a total of 9 brokers have issued a research note on the company. The average stock price target is $17.44 with 3 brokers rating the stock a strong buy, 4 brokers rating the stock a buy, 3 brokers rating the stock a hold, 1 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On Boardwalk Pipeline Partners, LP (NYSE:BWP)
Boardwalk Pipeline Partners, LP is a limited partnership company. The Company conducts business through its primary subsidiary, Boardwalk Pipelines, LP, and its subsidiaries, Gulf South Pipeline Company, LP, Texas Gas Transmission, LLC, Gulf Crossing Pipeline Company LLC, Boardwalk Louisiana Midstream, LLC, Boardwalk Petrochemical Pipeline, LLC and Boardwalk Field Services, LLC. Its business includes integrated natural gas and natural gas liquids (NGLs), and other hydrocarbons pipeline and storage systems and natural gas gathering and processing. It is engaged in the operation of interstate natural gas and NGLs pipeline systems, including integrated storage facilities. Its segment includes interstate natural gas pipeline systems, which originate in the Gulf Coast region, Oklahoma and Arkansas and extend north and east through the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio, and NGLs pipelines and storage facilities in Louisiana and Texas.
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