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.

CPPL was given price targets by several analysts. The most optimistic price target was 18, implying a possible profit of 5.88 percent. The minimum price target given was 17, implying a possible loss of 0 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates upwards for this quarter, by about 0 percent on average, compared to last month. 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. 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. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 0 analysts that revised their FY estimates downwards.

The growth rate of CPPL's earnings is estimated by analysts to be 35.04 percent. People on Wall Street often look at a company's PEG ratio. A lower PEG ratio is favorable, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of CPPL is 0.66.

In the last 52-weeks, CPPL has achieved a high of 19.49 and a low of 11.77. Currently the stock is 44.44 percent higher than its low, 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 is estimated to release their earnings results for the quarter on 2017-02-16, days from today.