As per Plains All American Pipeline, L.P. (NYSE:PAA) statement on 2016-07-12, the shareholders would receive dividend for the gone quarter. RBC Capital Markets reaffirmed a “sector perform” rating and set a $29.00 target price (up from $22.00) on shares of Plains All American Pipeline L.P.in a report on Wednesday, August 17th. This represents a $2.80 dividend on an annualized basis and a dividend yield of 9.63%. Over the 52-week time span, the stock notched a high price of $20.05 and its minimum price was $4.72. Goldman Sachs Group Inc. reiterated a “sell” rating and issued a $17.00 target price on shares of Plains All American Pipeline L.P.in a research note on Thursday, May 19th. They now have a Dollars 12.5 price target on the stock. JPMorgan Chase & Co. reiterated a “hold” rating on shares of Plains All American Pipeline L.P.in a research report on Sunday, May 29th. They now have a Dollars 28 price target on the stock.
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02/09/2016 – Plains Group Holdings, L.P. was downgraded to “neutral” by analysts at Bank of America Merrill Lynch. They now have a Dollars 32 price target on the stock. They now have a United States dollars 30 price target on the stock. Plains All American Pipeline L.P. For example, if there is good news like a positive earnings announcement, the demand for a stock may increase, raising the price from the previous day’s close.
06/30/2016 – Plains All American Pipeline, L.P. was upgraded to “buy” by analysts at UBS.
06/14/2016 – SunTrust began new coverage on Plains Group Holdings, L.P. giving the company a “neutral” rating. Morgan Stanley has “Equal-Weight” rating and $26 price target. The stock has a market capitalization of $11.35 billion and a PE ratio of 81.762.
04/01/2016 – Plains All American Pipeline, L.P. had its “neutral” rating reiterated by analysts at Simmons. Finally, Creative Planning boosted its position in Plains All American Pipeline L.P.by 18.3% in the first quarter. In the past 5 years, the stock has earnings growth rate of 13.06% per annum while the Upcoming 5 year’s earnings growth rate is expected to be 45.29% per annum. Stifel Financial Corp boosted its position in Plains All American Pipeline L.P.by 8.6% in the fourth quarter.
Plains GP Holdings, L.P. (PAGP), owns an interest in the general partner and incentive distribution rights of Plains All American Pipeline, L.P (PAA).
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For the period ended on 2015-12-31, Plains All American Pipeline, L.P. (NYSE:PAA)’s earnings came at $-0.2 per share compared to EPS of $0.24 a year ago. The stock traded down to $11.14 during the day, due to lack of any buying support eventually closed down at $11.24 with a loss of -1.92% for the day. The Texas-based Center Coast Capital Advisors Lp has invested 7.2% in the stock. Year to date Plains All American Pipeline, L.P. (NYSE:PAA) is 34.95%. PAA owns and operates midstream energy infrastructure and provides 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 transportation segment operations consist of fee-based activities associated with transporting crude oil and NGL on pipelines, gathering systems, trucks and barges. The supply and logistics segment operations consist of merchant-related activities.
