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.

Investment analysts gave a few price targets for PAA. The most optimistic price target was 37, implying a possible profit of 39.52 percent. The minimum price target given was 24, which equates to a potential downside of -9.5 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -1.45 percent on average, compared to last month. That number becomes -13.12 percent if we expand the time horizon to include the past 3 months instead of just one. Over the past 30 days, FY earnings estimates have also changed downwards by -1.79 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.63 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 3 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts made negative revisions. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.

Analysts estimate earnings of PAA to grow at a rate of 83.75 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. 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 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 stock has a market capitalization of $19.03 billion. PAA will post this quarters earnings in days, on 0000-00-00.