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. Stock
Currently there is a rather positive sentiment for TC Energy Corp. with 3 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 29 € is below the current price of 41.91 € for TC Energy Corp., so the potential is actually -30.8%.
