Impact of Brokerage Rating on Plains All American Pipeline, L.P.(PAA)

Many Plains All American Pipeline, L.P.(PAA) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Robert W. Baird on Jan 31, 2017 to Outperform, Raises Price Target to $ 37 from a previous price target of $32 .Plains All American Pipeline L.P. was Initiated by Mizuho on Jan 30, 2017 to Neutral, Price Target of the shares are set at $34.Plains All American Pipeline L.P. was Upgraded by JP Morgan to Overweight on Dec 9, 2016.

Company has reported several Insider transactions to the SEC, on Dec 12, 2016, John Vonberg (EVP – Commercial Activities) sold 6,675 shares at 32.56 per share price.On Dec 5, 2016, Al Swanson (Executive VP & CFO) sold 65,000 shares at 32.92 per share price.On Aug 22, 2016, W David Duckett (CEO of subsidiary – PMC) sold 17,333 shares at 29.76 per share price.

Plains All American Pipeline L.P. Last issued its quarterly earnings results on Feb 7, 2017. The company reported $0.37 EPS for the quarter, missing the analyst consensus estimate by $ -0.16. Analyst had a consensus of $0.53. The company had revenue of $5952.00 million for the quarter, compared to analysts expectations of $5942.37 million. The companys revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.38 EPS.

Plains All American Pipeline, L.P. (NYSE:PAA) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.08 by 18 Brokerage Firm. 7 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.

Plains All American Pipeline, L.P. (NYSE:PAA): 16 Analyst have given the stock of Plains All American Pipeline, L.P. (NYSE:PAA) a near short term price target of $33.25. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $3.84. The higher price target estimate is at $39 while the lower price estimates are fixed at $26.

Plains All American Pipeline, L.P. (NYSE:PAA) rose 1.49% or 0.46 points on Tuesday and made its way into the gainers of the day. After trading began at $30.97 the stock was seen hitting $31.44 as a peak level and $30.76 as the lowest level. The stock ended up at $31.42. The daily volume was measured at 2,468,035 shares. The 52-week high of the share price is $33.95 and the 52-week low is $17.32. The company has a market cap of $12,975 million.

Plains All American Pipeline, L.P. is engaged in interstate and intrastate marketing, transportation and terminalling of crude oil.


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