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BidaskClub upgraded Plains All American Pipeline, L.P. (NYSE:PAA) to Hold in a report released today.

Yesterday Plains All American Pipeline, L.P. (NYSE:PAA) traded -1.62% lower at $26.22. The company’s 50-day moving average is $25.58 and its 200-day moving average is $28.64. The last stock close price is down -27.84% from the 200-day moving average, compared to the S&P 500 which has increased 0.05% over the same time. 5,944,881 shares of the stock were exchanged, up from an average trading volume of 2,940,580

BidaskClub has upgraded Plains All American Pipeline, L.P. (NYSE:PAA) to Hold in a report released on 7/8/2017.

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Plains All American Pipeline, L.P. (NYSE:PAA)

Plains All American Pipeline, L.P. has a 52 week low of $20.00 and a 52 week high of $33.95 with a P/E ratio of 15.95 The company’s market cap is currently $0.

In addition to BidaskClub reporting its target price, a total of 21 firms have reported on the stock. The consensus target price is $25.62 with 4 firms rating the stock a strong buy, 2 firms rating the stock a buy, 16 firms rating the stock a hold, 1 firm rating the stock a underperform, and finally 1 firm rating the stock a sell.

About Plains All American Pipeline, L.P. (NYSE:PAA)

Plains All American Pipeline, L.P. owns and operates midstream energy infrastructure and provide logistics services for crude oil, natural gas liquids (NGL), natural gas and refined products. The Company operates through three segments: Transportation, Facilities, and Supply and Logistics. The Company's transportation segment operations consist of activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. Its Facilities segment operations consist of activities associated with providing storage, terminaling and throughput services for crude oil, refined products, NGL and natural gas, as well as NGL fractionation and isomerization services and natural gas and condensate processing services. Its supply and logistics segment operations consist of the merchant-related activities, including the purchase of the United States and Canadian crude oil at the wellhead, the bulk purchase of crude oil at pipeline, terminal and rail facilities.

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