Breaking Finance News

Plains All American Pipeline LP (NYSE:PAA) stock price target increased to $37.00, issued a report today by Morgan Stanley

Boasting a price of $30.95, Plains All American Pipeline LP (NYSE:PAA) traded -1.46% lower on the day. With the last stock price close up 18.34% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Plains All American Pipeline LP has recorded a 50-day average of $28.96 and a two hundred day average of $26.15. Volume of trade was up over the average, with 2,575,332 shares of PAA changing hands over the typical 2,237,190

In a report released on 10/4/2016 Morgan Stanley increased the stock price target of Plains All American Pipeline LP (NYSE:PAA) from $33.00 to $37.00 stating a potential upside of 0.20%.

On 09/09/2016, FBR & Co released a statement for Plains All American Pipeline LP (NYSE:PAA) bumped up the target price from $0.00 to $30.00 that suggested an upside of 0.03%.

Performance Chart

Plains All American Pipeline LP (NYSE:PAA)

With a total market value of $0, Plains All American Pipeline LP has price-earnings ratio of 88.68 with a one year low of $14.82 and a one year high of $34.73 .

A total of 21 equity analysts have released a ratings update on PAA. Four equity analysts rating the company a strong buy, two equity analysts rating the company a buy, sixteen equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally one equity analyst rating the company a sell with a one year target of $25.62.

Brief Synopsis About Plains All American Pipeline LP (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.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.