Plains All American Pipeline LP (Symbol: PAA) shares have recently surpassed the average 12-month analyst target price of $23.12, trading at $23.17 per share. This performance raises questions about potential analyst reactions, as they may either downgrade the stock based on valuation or adjust the target price upward in response to favorable developments within the company.
Currently, 16 analysts are covering PAA, with price targets ranging from $18.00 to $26.00, resulting in a standard deviation of $2.156. The breakdown of recent analyst ratings shows 8 strong buy recommendations, 6 holds, 1 sell, and 2 strong sell ratings, giving an average rating of 2.35 (on a scale where 1 is a strong buy and 5 is a strong sell).
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.
