Analyst Ratings for Plains All American Pipeline L.P. (PAA)

Updated: 2017-07-28

Plains All American Pipeline L.P. (NYSE:PAA) was awarded an average rating of Overweight from investment analysts following the stock. PAA had previously received a consensus rating of Overweight a month ago.

10 analysts declared PAA a buy, 4 gave an overweight rating, 13 issued a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 2. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Many analysts weighed in on price targets for PAA. The most optimistic analyst gave a price target of 37, implying a possible profit of 39.52 percent. The most pessimistic price target was 24, which equates to a potential downside of -9.5 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.45 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -13.12 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -1.79 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of 0.63 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, which can be compared to the 3 analysts that decreased their estimates. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, compared to 1 analysts that revised their FY estimates downwards.

PAA has an estimated earnings growth rate of 83.75 percent as forecasted by analysts. Another measure frequently examined by investors is the PEG ratio. Investors like to see smaller values for the PEG ratio, because people typically see that as an indicator of higher growth relative to stock price. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. PAA has a PEG ratio of 0.34.

In the last 52-weeks, PAA has achieved a high of 33.95 and a low of 23.21. Today's price is 14.26 percent above the 52-week low, and below the high by 21.89 percent. PAA has a P/E ratio of 28.83. Investors typically compare the P/E ratio to a company's peers in the industry. The PAA value stock report compares PAA to some of its peers using value stock charts. The market cap of PAA is $19.03 billion. PAA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.