transcanada pipelines (TRP) Message Board

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Gold/Mining/Energy : transcanada pipelines (TRP)

TRP 55.80

-0.1%

Dec 24 4:00 PM EST

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To: eyewatch who wrote (190)	10/26/1999 1:33:00 PM
From: Digital-Fluid.com	Read Replies (1) of 292

Target price $23.50 The following brokerage firms have a buy recommendation on TransCanada PipeLines: - National Bank - Edward Jones - Karen J. Taylor at TD Securities has a 12-month target price of C$23.50 per share. - Sam Kanes at Scotia Capital Markets has a 12-month target price of C$23.00. - Value Sciences Corporation calls TRP "one of our bullet-proof stocks. Fundamentally, there is more competition in the pipelines business but as always the winner will be the leader. Buy below $18. Sell above $25." TransCanada Pipelines has just announced that the quarterly dividend of C$0.28 will continue. This will be the 144th consecutive dividend paid by TransCanada on its common shares, and is payable to shareholders of record at the close of business on December 30, 1999. The dividend yield is now over 6%!

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