Analyst Ratings for Columbia Pipeline Partners LP (CPPL)

Updated: 2017-02-13

Columbia Pipeline Partners LP (NYSE:CPPL) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Hold was previously issued for CPPL last month.

0 analysts declared CPPL a buy, 0 issued an overweight rating, 6 gave a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for CPPL. The highest price target was 18, which equates to a potential upside of 5.88 percent. The minimum price target given was 17, implying potential capital losses of 0 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. That number becomes 0 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -8.92 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 0 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 0 analysts decreased their estimates.

Analysts estimate earnings of CPPL to grow at a rate of 35.04 percent. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. People often look for the PEG ratio to be under 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. The PEG ratio of CPPL is 0.66.

In the trailing 52-weeks, CPPL hit 19.49 at the highest peak, while it's lowest trading point was 11.77. The current market price is above the trailing year's low by 44.44 percent, and 12.78 percent lower than its 52-week high. CPPL has a price/earnings ratio of 23.24. Investors typically compare the P/E ratio to a company's peers in the industry. The CPPL value stock report compares CPPL to some of its peers using value stock charts. The stock has a market capitalization of $1.71 billion. CPPL's next earnings release will be on 2017-02-16, which is -706 days away.