Boardwalk Pipeline Partners (BWP) Earns Daily Media Sentiment Rating of 0.07
Media coverage about Boardwalk Pipeline Partners (NYSE:BWP) has trended somewhat positive recently, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Boardwalk Pipeline Partners earned a media sentiment score of 0.07 on Accern’s scale. Accern also assigned news stories about the pipeline company an impact score of 45.425579106772 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
A number of equities analysts have recently issued reports on BWP shares. Morgan Stanley dropped their price target on Boardwalk Pipeline Partners from $14.00 to $12.06 and set an “equal weight” rating on the stock in a research note on Monday, July 2nd. JPMorgan Chase & Co. downgraded Boardwalk Pipeline Partners from an “overweight” rating to a “neutral” rating and set a $21.00 price target on the stock. in a research note on Tuesday, June 26th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the stock. Boardwalk Pipeline Partners presently has an average rating of “Hold” and an average target price of $15.56.
BWP stock opened at $12.05 on Friday. The firm has a market capitalization of $3.02 billion, a PE ratio of 8.93 and a beta of 0.63. Boardwalk Pipeline Partners has a 1 year low of $9.10 and a 1 year high of $17.65. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.77.
Boardwalk Pipeline Partners, LP, through its subsidiaries, owns and operates integrated natural gas and natural gas liquids and other hydrocarbons (NGLs) pipeline and storage systems in the United States. It operates interstate natural gas and NGLs pipeline systems, and integrated storage facilities, which are located in the Gulf Coast region, Oklahoma, Arkansas and the Midwestern states of Tennessee, Kentucky, Illinois, Indiana and Ohio.
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