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 maximum price target given was 37, implying potential capital gains of 39.52 percent. The minimum price target given was 24, which equates to a potential downside of -9.5 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -1.45 percent. That number becomes -13.12 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -1.79 percent, compared to last month. 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. Over the past month, 3 analysts increased their quarterly estimates, 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. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Many investors consider PEG ratios between 0 and 1 as preferrable, though it could be better to see where the ratio stands relative to peers in the industry. PAA has a PEG ratio of 0.34.

In the trailing 52-weeks, PAA hit 33.95 at the highest peak, while it's lowest trading point was 23.21. The current market price is above the trailing year's low by 14.26 percent, 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.