TransCanada operates a diversified pipeline network, with a reasonable dividend yield.
After incorporating TransCanada’s fourth-quarter results into our model, we are maintaining our CAD 72 fair value estimate. However, due to foreign exchange movements, we are slightly raising our U.S.-dollar-denominated fair value estimate to $57 from $56. The stock was up 5% on after the earnings release and is trading near $45 (CAD 56). Accordingly, with its 4-star rating, we see nearly 30% upside in the stock, driven by the Keystone XL and the company's investment in diluent infrastructure. ...
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.