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.

A number of analysts gave price targets for PAA. The most optimistic analyst gave a price target of 37, which equates to a potential upside of 39.52 percent. The minimum price target given was 24, implying a possible loss of -9.5 percent. It is advisable to not rely only on price targets or ratings, as these can be biased for some stocks.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -1.45 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -13.12 percent. Meanwhile, fiscal year estimates have been revised downwards by -1.79 percent, compared to last month. 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 made positive revisions to their quarterly estimates over the past month, while 3 analysts made negative revisions. Over the same time period, 0 analysts revised their FY earnings estimates upwards, while 1 analysts made negative revisions to their fiscal year's estimates.

Analysts estimate earnings of PAA to grow at a rate of 83.75 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of PAA is 0.34.

PAA has a 52-week high of 33.95 and a 52-week low of 23.21. Today's price is 14.26 percent above the 52-week low, and 21.89 percent below the high. PAA has a price/earnings 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 stock has a market capitalization of $19.03 billion. PAA is estimated to release their earnings results for the quarter on 0000-00-00, days from today.