87% of Wall Street Analysts Rate TransCanada a ‘Buy’
Of the analysts surveyed by Reuters, ~87% rated TransCanada (TRP) a “buy” and 13% rated it a “hold.” None of the surveyed analysts rated TRP a “sell.” The consensus target price for TRP is ~$58.29. Its stock is currently trading at $47.47. If TransCanada attains its target price within a year, it would mean 22% upside for investors.