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Plains All American Pipeline LP has a consensus price target of $17.92 based on the ratings of 20 analysts. The high is $23 issued by Scotiabank on April 8, 2024. The low is $12 issued by B of A Securities on July 19, 2022. The 3 most-recent analyst ratings were released by Wells Fargo, RBC Capital, and Morgan Stanley on December 18, 2024, November 15, 2024, and October 25, 2024, respectively. With an average price target of $19.33 between Wells Fargo, RBC Capital, and Morgan Stanley, there's an implied 11.43% upside for Plains All American Pipeline LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Plains All American (NASDAQ:PAA) was reported by Wells Fargo on December 18, 2024. The analyst firm set a price target for $20.00 expecting PAA to rise to within 12 months (a possible 15.27% upside). 16 analyst firms have reported ratings in the last year.
The latest analyst rating for Plains All American (NASDAQ:PAA) was provided by Wells Fargo, and Plains All American downgraded their equal-weight rating.
The last upgrade for Plains All American Pipeline LP happened on April 21, 2023 when Raymond James raised their price target to $17. Raymond James previously had an outperform for Plains All American Pipeline LP.
The last downgrade for Plains All American Pipeline LP happened on December 18, 2024 when Wells Fargo changed their price target from $22 to $20 for Plains All American Pipeline LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Plains All American, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Plains All American was filed on December 18, 2024 so you should expect the next rating to be made available sometime around December 18, 2025.
While ratings are subjective and will change, the latest Plains All American (PAA) rating was a downgraded with a price target of $22.00 to $20.00. The current price Plains All American (PAA) is trading at is $17.35, which is out of the analyst’s predicted range.
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