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.

Many analysts weighed in on price targets for CPPL. The most optimistic price target was 18, implying a possible profit of 5.88 percent. The most pessimistic analyst gave a price target of 17, which equates to a potential downside of 0 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 0 percent. The average change in earnings estimates over the last 90 days is 0 percent. Meanwhile, fiscal year estimates have been revised upwards by 0 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -8.92 percent.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, while 0 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of CPPL to grow at a rate of 35.04 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, even though it may be more relevant to compare the ratio to that of a firm's competitors. CPPL has a PEG ratio of 0.66.

CPPL has a 52-week high of 19.49 and a 52-week low of 11.77. Currently the stock is 44.44 percent higher than its low, and below the high by 12.78 percent. CPPL has a P/E 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 will post this quarters earnings in -827 days, on 2017-02-16.