Stock price when the opinion was issued
This is a top 5 company in the pipeline group. Dividend stocks are getting hurt by the fear of rising interest rates. This is a great company with a good record of increasing dividends. This is just the wrong sector right now. He would still hold it for the long term for diversification. Yield 5.3%.
Bought UK assets recently. Have regulated and non-regulated businesses. Offers a great discount to its peers. Has a great stable income stream. Recently broke a nice little downtrend. Believes $45 is there.