RE:From Today's Globe and MailPPL is getting close to it's target listed below. So once that is reached, then what? What will keep the share price climbing? A divy increase? Enbridge has see their share price hit 52 week highs a few times now while PPL just recently hit it.
hawk35 wrote: JP Morgan’s Jeremy Tonet raised his
Enbridge Inc.
(
ENB-T +0.56%increase, “overweight”) target to $62 from $61 and
Pembina Pipeline Corp. (
PPL-T +0.91%increase, “neutral”)
to $53 from $51, while he cut his
TC Energy Corp. (
TRP-T -0.59%decrease, “neutral”) target by $1 to $73. The average targets on the Street are $59.95, $52.93 and $72.30, respectively.