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Plains All American (NYSE:PAA) stock price target increased to $36.00, issued a report today by Scotia Howard Weil

In a report released on Monday October 10, 2016 Scotia Howard Weil increased the stock price target of Plains All American (NYSE:PAA) from $28.00 to $36.00 indicating a possible upside of 0.16%.

Yesterday Plains All American (NYSE:PAA) traded -0.95% lower at $31.13. The company’s 50-day moving average is $29.14 and its 200-day moving average is $26.33. The last closing price is up 18.22% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 2,226,643 shares of the stock traded hands, down from an average trading volume of 2,251,170

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Plains All American (NYSE:PAA)

Plains All American has a 52 week low of $14.82 and a 52 week high of $33.89 with a PE ratio of 89.20 Plains All American’s market capitalization is currently $0.

Also covering Plains All American's price target, a total of 21 analysts have released a report on Plains All American. The 12-month stock price target is $25.62 with 4 equity analysts rating the company a strong buy, two firms rating the stock a buy, 16 analysts rating the company a hold, one broker rating the stock a underperform, and finally one brokerage rating the company a sell.

General Information About Plains All American (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. Its 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, terminalling 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 sale of gathered and bulk-purchased crude oil, as well as sales of NGL volumes purchased from suppliers and natural gas sales attributable to the activities.

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