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Boardwalk Pipeline Partners (NYSE:BWP) target price raised to $18.00, reported today by Janney Capital

Yesterday Boardwalk Pipeline Partners (NYSE:BWP) traded 2.14% higher at $17.00. The company’s 50-day moving average is $16.73 and its 200-day moving average is $16.48. The last stock close price is up 4.15% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 893,840 shares of the stock were exchanged, up from an average trading volume of 556,780

Boardwalk Pipeline Partners (NYSE:BWP) had its target price raised to $18.00 by Janney Capital in a report released 9/29/2016. The new target price indicates a possible upside of 0.06% based on the company's last stock close price.

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Boardwalk Pipeline Partners (NYSE:BWP)

Boardwalk Pipeline Partners has a 52 week low of $8.86 and a 52 week high of $18.16 with a P/E ratio of 16.20 The company’s market cap is currently $0.

In addition to Janney Capital reporting its target price, a total of 9 firms have reported on the stock. The consensus target price is $17.44 with 3 firms rating the stock a strong buy, 4 firms rating the stock a buy, 3 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Boardwalk Pipeline Partners (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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