What to Expect From TransCanada Corporation in 2018
This past year has been a good one for TransCanada (NYSE: TRP). Overall, investors have earned a more-than-11% total return since January, thanks to in large part to the groundwork it laid in 2016. That's because the company benefited from the acquisition of a fast-growing U.S. gas pipeline system, which combined with other growth projects to enable it to boost the dividend 10.6% this year. Meanwhile, the company spent the bulk of this year building projects that will fuel growth in future years.
Because of those efforts, investors should expect more of the same from TransCanada in 2018. In addition to that, they should get some clarity on what the future holds for two of the company's largest long-term projects.
Image source: Getty Images.
Source: Fool.com
TC Energy Corp. Aktie
Positive Community-Reaktionen für TC Energy Corp. mit einigen mehr Buy- als Sell-Einschätzungen.
Ein prognostiziertes Kursziel von 49 € für TC Energy Corp. zeigt ein Potenzial von über 20% im Vergleich zum aktuellen Kurs von 34.8 €.
