TOday’s Movers: Plains All American (NYSE:PAA) Stock Rating Reconfirmed by Analysts at RBC Capital; $20.0 Target Price Indicates -9.34 % Potential

February 20, 2018 - By Clifton Ray

 TOday’s Movers: Plains All American (NYSE:PAA) Stock Rating Reconfirmed by Analysts at RBC Capital; $20.0 Target Price Indicates  9.34 % Potential

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.42, from 1.05 in 2017Q2. It is negative, as 62 investors sold Plains All American Pipeline, L.P. shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported.

Advsr Asset Inc stated it has 0% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Commonwealth Of Pennsylvania Public School Empls Retrmt accumulated 3.55 million shares. 1,080 are held by Highlander Capital Mgmt Ltd Liability Corporation. Moors And Cabot Inc reported 39,691 shares. Neuberger Berman Gp Ltd Company reported 305,273 shares. Oakworth Capital Incorporated reported 3,203 shares. Cullen Frost Bankers reported 0.1% stake. Highland Cap Mngmt Ltd Partnership invested 0.02% in Plains All American Pipeline, L.P. (NYSE:PAA). Huntington Bank & Trust owns 81,745 shares or 0.03% of their US portfolio. Cutter & Brokerage, a Missouri-based fund reported 16,216 shares. Texan Mngmt has 0.54% invested in Plains All American Pipeline, L.P. (NYSE:PAA). 25,960 are owned by Manufacturers Life Insur Company The. Moreover, King Luther Cap Mngmt Corporation has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 13,400 shares. Comml Bank Of Montreal Can stated it has 0.16% in Plains All American Pipeline, L.P. (NYSE:PAA). Rocky Mountain Advisers Limited Liability Corporation holds 0.02% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 244 shares.

Plains All American (NYSE:PAA) Rating Reaffirmed

In analysts report sent to clients and investors this morning, RBC Capital reiterated their Hold rating on Plains All American (NYSE:PAA) shares. The PT means a possible downside of -9.34 % from firm’s stock close price.

Investors sentiment decreased to 0.63 in 2017 Q3. Its down 0.42, from 1.05 in 2017Q2. It is negative, as 62 investors sold Plains All American Pipeline, L.P. shares while 124 reduced holdings. 35 funds opened positions while 82 raised stakes. 303.49 million shares or 3.28% more from 293.86 million shares in 2017Q2 were reported.

Advsr Asset Inc stated it has 0% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA). Commonwealth Of Pennsylvania Public School Empls Retrmt accumulated 3.55 million shares. 1,080 are held by Highlander Capital Mgmt Ltd Liability Corporation. Moors And Cabot Inc reported 39,691 shares. Neuberger Berman Gp Ltd Company reported 305,273 shares. Oakworth Capital Incorporated reported 3,203 shares. Cullen Frost Bankers reported 0.1% stake. Highland Cap Mngmt Ltd Partnership invested 0.02% in Plains All American Pipeline, L.P. (NYSE:PAA). Huntington Bank & Trust owns 81,745 shares or 0.03% of their US portfolio. Cutter & Brokerage, a Missouri-based fund reported 16,216 shares. Texan Mngmt has 0.54% invested in Plains All American Pipeline, L.P. (NYSE:PAA). 25,960 are owned by Manufacturers Life Insur Company The. Moreover, King Luther Cap Mngmt Corporation has 0% invested in Plains All American Pipeline, L.P. (NYSE:PAA) for 13,400 shares. Comml Bank Of Montreal Can stated it has 0.16% in Plains All American Pipeline, L.P. (NYSE:PAA). Rocky Mountain Advisers Limited Liability Corporation holds 0.02% of its portfolio in Plains All American Pipeline, L.P. (NYSE:PAA) for 244 shares.

Plains All American Pipeline, L.P. (NYSE:PAA) Ratings Coverage

Among 30 analysts covering Plains All American Pipeline LP (NYSE:PAA), 12 have Buy rating, 1 Sell and 17 Hold. Therefore 40% are positive. Plains All American Pipeline LP has $49 highest and $16 lowest target. $27.42’s average target is 24.33% above currents $22.055 stock price. Plains All American Pipeline LP had 106 analyst reports since August 6, 2015 according to SRatingsIntel. On Monday, April 24 the stock rating was downgraded by Jefferies to “Hold”. The stock of Plains All American Pipeline, L.P. (NYSE:PAA) earned “Hold” rating by Stifel Nicolaus on Wednesday, November 8. Jefferies upgraded the shares of PAA in report on Monday, August 21 to “Buy” rating. The rating was maintained by Wunderlich on Monday, December 14 with “Hold”. RBC Capital Markets maintained Plains All American Pipeline, L.P. (NYSE:PAA) on Thursday, February 11 with “Sector Perform” rating. The rating was maintained by Stifel Nicolaus on Monday, August 28 with “Hold”. The stock has “Outperform” rating by Raymond James on Wednesday, August 9. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, February 8. BMO Capital Markets upgraded the shares of PAA in report on Monday, August 28 to “Outperform” rating. Barclays Capital upgraded the stock to “Overweight” rating in Tuesday, July 18 report.

The stock decreased 1.45% or $0.325 during the last trading session, reaching $22.055. About 1.43M shares traded. Plains All American Pipeline, L.P. (NYSE:PAA) has risen 11.50% since February 20, 2017 and is uptrending. It has underperformed by 5.20% the S&P500.

Plains All American Pipeline, L.P., through its subsidiaries, engages in the transportation, storage, terminalling, and marketing of crude oil, natural gas liquids , natural gas, and refined products in the United States and Canada. The company has market cap of $15.99 billion. The Company’s Transportation segment transports crude oil and NGL through pipelines, gathering systems, trucks, and barges. It has a 23.22 P/E ratio. As of December 31, 2016, this segment owned and leased 19,200 miles of active crude oil and NGL pipelines and gathering systems; 31 million barrels of active and above-ground tank capacity; 810 trailers; 120 transport and storage barges; and 60 transport tugs.

More notable recent Plains All American Pipeline, L.P. (NYSE:PAA) news were published by: Benzinga.com which released: “As Plains All American Concerns Fade, Morgan Stanley Sees 20% Return” on February 13, 2018, also Seekingalpha.com with their article: “Plains All American Pipeline – North American Midstream Oil” published on January 25, 2018, Bizjournals.com published: “Plains All American to start construction on Permian Basin pipeline” on January 24, 2018. More interesting news about Plains All American Pipeline, L.P. (NYSE:PAA) were released by: Businesswire.com and their article: “Plains All American Pipeline is Proceeding with Construction of Cactus II Pipeline” published on January 22, 2018 as well as Seekingalpha.com‘s news article titled: “Plains All American Pipeline LP (PAA) Q4 2017 Results – Earnings Call Transcript” with publication date: February 07, 2018.

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