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 2.75 by 20 Brokerage Firm. 3 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 15 Brokerage Firms have advised hold. 1 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. SunTrust Robinson Humphrey initiates coverage on Plains All American Pipeline L.P. (NYSE:PAA). The rating major has initiated the coverage with neutral rating on the shares. The Analysts at SunTrust Robinson Humphrey announces a current price target of $30 per share. The rating by the firm was issued on June 15, 2016.
Plains All American Pipeline L.P. (NYSE:PAA): The stock price is expected to reach $ 25.13 in the short term. The number of analysts agreeing with this consensus is 16. The higher estimate for the short term price target is at $39 while the lower estimate is at $14. The standard deviation of the price stands at $5.46.
Plains All American Pipeline L.P. (NYSE:PAA) rose 1.31% or 0.36 points on Tuesday and made its way into the gainers of the day. After trading began at $27.25 the stock was seen hitting $27.95 as a peak level and $27.1 as the lowest level. The stock ended up at $27.88. The daily volume was measured at 1,724,249 shares. The 52-week high of the share price is $45.47 and the 52-week low is $14.82. The company has a market cap of $11,089 million.
Shares of Plains All American Pipeline, L.P. rose by 4.97% in the last five trading days and 11.56% for the last 4 weeks. Plains All American Pipeline, L.P. is up 19.05% in the last 3-month period. Year-to-Date the stock performance stands at 28.63%.
Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provides logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Companys operational segments include Transportation, Facilities, and Supply and Logistics. The transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The facilities segment operations consist of fee-based activities associated with providing storage, terminalling and throughput services for crude oil, refined products, NGL and natural gas. The supply and logistics segment operations consist of merchant-related activities.