Coverage Initiated by TD Securities for Plains All American Pipeline (NYSE:PAA)

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Stock analysts at TD Securities initiated coverage on shares of  Plains All American Pipeline (NYSE:PAA) in a report issued on Tuesday. The brokerage set a Buy rating on the Oils/Energy stock. A price-to-earnings ratio of #N/A and a beta of 2.38. Plains All American Pipeline has a twelve month low $3.00 of  and a twelve month high of $25.26.

Shares of Plains All American Pipeline traded up $0.45 on Tuesday, reaching $8.84. 4352714 shares of the stock traded hands, compared to its average volume of 5769254. Shares of Plains All American Pipeline closed trading at $8.84 on Tuesday mid-day. The firm’s 50 day moving average is $$9.16 and its 200 day moving average is $13.99.Plains All American Pipeline  has a 12 month low of $8.24 and a 12 month high of $25.26. While on yearly highs and lows, Plains All American Pipeline’s today has traded high as $8.85 and has touched $8.24 on the downward trend. See More Analyst Rating at: RATING

Plains All American Pipeline Earnings and What to expect: 

Plains All American Pipeline last posted its quarterly earnings data on May 5th, 2020. The pipeline company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.48 by $0.07. The company earned $8.27 billion during the quarter, compared to the consensus estimate of $8.83 billion. Plains All American Pipeline has generated $2.51 earnings per share over the last year. Plains All American Pipeline has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 4th, 2020 based off prior year’s report dates.

Earnings for Plains All American Pipeline are expected to decrease by -3.79% in the coming year, from $1.32 to $1.27 per share. The P/E ratio of Plains All American Pipeline is -3.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Plains All American Pipeline is -3.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Plains All American Pipeline has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.12%
  • On 3/16/2020 CEO Willie Cw Chiang Buy 45,400 at average share price of $5.45 which equates to $247,430.00 in money value.
  • On 3/13/2020 EVP Jeremy L Goebel Buy 3,000 at average price of  $6.66 with total value of : Not Data Available
  • On 3/12/2020 Insider Harry N Pefanis Buy 20,000 at average price of  $6.96 with total value of : $139,200.00

Analyt at TD Securities other ratings :

Latest rating for Plains All American Pipeline by other brokers:

  • 6/30/2020 – Centerra Gold was downgraded by analysts at TD Securities from a “buy” rating to a “hold” rating.
  • 6/30/2020 – Peyto Exploration & Development was upgraded by analysts at TD Securities from a “reduce” rating to a “hold” rating.
  • 6/30/2020 – EQT was upgraded by analysts at TD Securities from a “hold” rating to a “buy” rating. They now have a $15.50 price target on the stock.
  • 6/30/2020 – Magellan Midstream Partners is now covered by analysts at TD Securities. They set a “buy” rating and a $55.00 price target on the stock.

Plains All American Pipeline (NYSE:PAA) Moving Average Technical Analysis

5 day Moving Average is $8.51 And 5 day price change is -$0.70 (-7.63%)  with average volume for 5 day average is 4,639,226. While technical analysis for average 20 days shows significant difference, 20 day moving average is  $9.90 and 20 day price change is -$1.64 (-16.08%) and average 20 day moving volume is 6,115,847. 50 day moving average is $9.16  and 50 day price change is $1.41 ( 19.87%)  and with average volume for 50 days is : 6,049,940. 200 day moving average is $13.99  and 200 day price change is -$13.03 (-60.43%)  and with average volume for 200 days is : 5,784,180.

See More Analyst Rating at: RATING