Somewhat Favorable News Coverage Somewhat Unlikely to Impact Plains All American Pipeline (NYSE:PAA) Share Price

Media headlines about Plains All American Pipeline (NYSE:PAA) have been trending somewhat positive on Tuesday, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Plains All American Pipeline earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the pipeline company an impact score of 46.9974010040183 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

A number of research analysts have commented on PAA shares. BMO Capital Markets set a $25.00 price target on Plains All American Pipeline and gave the stock a “buy” rating in a research note on Tuesday, October 17th. Jefferies Group reiterated a “buy” rating and issued a $23.00 price objective on shares of Plains All American Pipeline in a research note on Monday, October 16th. SunTrust Banks reiterated a “hold” rating and issued a $24.00 price objective on shares of Plains All American Pipeline in a research note on Friday, November 10th. Robert W. Baird reiterated a “hold” rating and issued a $21.00 price objective on shares of Plains All American Pipeline in a research note on Friday, November 10th. Finally, Stifel Nicolaus increased their price objective on Plains All American Pipeline from $21.00 to $22.00 and gave the company a “hold” rating in a research note on Wednesday, November 8th. Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $26.63.

Plains All American Pipeline (NYSE:PAA) opened at $20.64 on Tuesday. The company has a market capitalization of $14,967.90, a price-to-earnings ratio of 22.44 and a beta of 1.00. Plains All American Pipeline has a twelve month low of $18.38 and a twelve month high of $33.24. The company has a quick ratio of 0.78, a current ratio of 1.00 and a debt-to-equity ratio of 1.20.

Plains All American Pipeline (NYSE:PAA) last issued its quarterly earnings data on Monday, November 6th. The pipeline company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01). The firm had revenue of $5.87 billion for the quarter, compared to analysts’ expectations of $6.24 billion. Plains All American Pipeline had a return on equity of 9.06% and a net margin of 3.22%. The business’s revenue for the quarter was up 13.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.39 EPS. equities analysts expect that Plains All American Pipeline will post 1.14 EPS for the current fiscal year.

In other Plains All American Pipeline news, VP Chris Herbold sold 10,171 shares of the firm’s stock in a transaction dated Wednesday, November 15th. The stock was sold at an average price of $20.25, for a total transaction of $205,962.75. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 1.30% of the company’s stock.

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Plains All American Pipeline Company Profile

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.

Insider Buying and Selling by Quarter for Plains All American Pipeline (NYSE:PAA)

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