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Shares of Boardwalk Pipeline Partners, (NYSE:BWP) have received a consensus rating of “Hold” from the twelve analysts that are presently covering the company, Stock Ratings News reports. Two research analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $20.78.

Boardwalk Pipeline Partners, (NYSE:BWP) traded up 0.15% during mid-day trading on Monday, hitting $19.9999. The stock had a trading volume of 254,947 shares. Boardwalk Pipeline Partners, has a 52 week low of $11.99 and a 52 week high of $31.91. The stock has a 50-day moving average of $18.93 and a 200-day moving average of $16.61. The company has a market cap of $4.864 billion and a price-to-earnings ratio of 20.67.

Boardwalk Pipeline Partners, (NYSE:BWP) last issued its quarterly earnings data on Monday, August 4th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.08. The company had revenue of $293.40 million for the quarter, compared to the consensus estimate of $261.09 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. Analysts expect that Boardwalk Pipeline Partners, will post $0.99 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Thursday, August 21st. Stockholders of record on Thursday, August 14th will be paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 2.00%. The ex-dividend date is Tuesday, August 12th.

Several analysts have recently commented on the stock. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Boardwalk Pipeline Partners, in a research note on Wednesday, August 6th. They now have a $22.00 price target on the stock, up previously from $18.50. Separately, analysts at Credit Suisse raised their price target on shares of Boardwalk Pipeline Partners, from $20.00 to $24.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock. Finally, analysts at RBC Capital raised their price target on shares of Boardwalk Pipeline Partners, from $22.00 to $25.00 in a research note on Tuesday, August 5th. They now have an “outperform” rating on the stock.

Boardwalk Pipeline Partners, LP is a limited partnership company. The Company owns and operates three interstate natural gas pipeline systems including integrated storage facilities.

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