RE:Could TransCanada Corporation Shares Rise to $75?And the answer is: Yes they could, but only if TRP divides itself into separate entities.
A little history lesson here. Not that long ago; Duke Energy swallowed Westcoast Energy, a Canadian company, who just happened to own Union Gas, one of Canada's crown jewels. Sometime later, Duke, morphed into two separate entities, one remained pipeplines and utility (Union Gas Ltd.) and calls itself Spectra Energy (SE: NYSE); while the name Duke (DUK:NYSE) remains to this day, but is primarily; if not entirely electrical power generation and transmission.
So...here is your homework, research these names and see what happpened to Duke after the restructuring and look at some share prices as well. If TRP were to split into two or even three separate entities.....it could unlock value for shareholders...Disclosure: I do not hold TRP at the present time, other than the portion of my ETF that XIU contains.
Appreciate opinions from others..................
Best...............SHUMBA