Analyst Price Target is $16.58
▲ +8.60% Upside Potential
This price target is based on 12 analysts offering 12 month price targets for Plains All American Pipeline in the last 3 months. The average price target is $16.58, with a high forecast of $21.00 and a low forecast of $14.50. The average price target represents a 8.60% upside from the last price of $15.27.
Current Consensus is
Moderate Buy
The current consensus among 12 investment analysts is to moderate buy stock in Plains All American Pipeline. This Moderate Buy consensus rating has held steady for over two years.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminalling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates in two segments, Crude Oil and Natural Gas Liquids (NGL). The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and at times on barges or railcars. This segment provides terminalling, storage, and other facilities-related services, as well as merchant activities. The Natural Gas Liquids segment provides gathering, fractionation, storage, transportation, and terminalling activities. This segment also involved in ethane, propane, normal butane, iso-butane, and natural gasoline, as well as crude oil refining processes. The company was founded in 1981 and is headquartered in Houston, Texas. Plains All American Pipeline, L.P. operates as a subsidiary of Plains GP Holdings, L.P.
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