Plains All American Pipeline, L which can be found using ticker (PAA) have now 18 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The range between the high target price and low target price is between 28.6 and 10.89 suggesting an average Analsyt target price of $20.77. Given that the stocks previous close was at $13.04 this is indicating there is a potential upside of 59.3%. The 50 day moving average now sits at $12.78 and the 200 day moving average is $12.00. The company has a market capitalization of $9,191m. Company Website: https://www.plainsallamerican.com
The potential market cap would be $14,639m based on the market consensus.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
The company has a dividend yield of 8.21% with the ex dividend date set at 28-4-2023 (DMY).
Other points of data to note are a P/E ratio of 10.97, revenue per share of 81.8 and a 3.45% return on assets.
