Plains All American Pipeline, L.P. (PAA)
NASDAQ: PAA · IEX Real-Time Price · USD
17.87
-0.20 (-1.11%)
Apr 26, 2024, 1:07 PM EDT - Market open
PAA Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for PAA stock have an average target of 19.14, with a low estimate of 15 and a high estimate of 23. The average target predicts an increase of 7.11% from the current stock price of 17.87.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for PAA stock from 11 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 3 | 5 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 4 | 4 | 4 | 4 | 2 | 2 |
| Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 11 | 11 | 11 | 11 | 8 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Strong Buy Maintains $18 → $22 | Strong Buy | Maintains | $18 → $22 | +23.11% | Apr 16, 2024 |
| UBS | UBS | Strong Buy Maintains $21 → $22 | Strong Buy | Maintains | $21 → $22 | +23.11% | Apr 12, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Sell Maintains $15 → $16 | Strong Sell | Maintains | $15 → $16 | -10.46% | Apr 12, 2024 |
| Scotiabank | Scotiabank | Buy Initiates $23 | Buy | Initiates | $23 | +28.71% | Apr 8, 2024 |
| Truist Securities | Truist Securities | Strong Buy Maintains $21 → $23 | Strong Buy | Maintains | $21 → $23 | +28.71% | Mar 19, 2024 |
Financial Forecast
Revenue This Year
52.01B
from 48.71B
Increased by 6.76%
Revenue Next Year
54.41B
from 52.01B
Increased by 4.61%
EPS This Year
1.36
from 1.40
Decreased by -2.80%
EPS Next Year
1.39
from 1.36
Increased by 2.03%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 62.1B | 59.8B | 59.1B | 39.6B |
| Avg | 52.0B | 54.4B | 55.4B | 38.1B |
| Low | 40.6B | 48.7B | 52.2B | 36.9B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 27.5% | 15.0% | 8.6% | -28.6% |
| Avg | 6.8% | 4.6% | 1.8% | -31.3% |
| Low | -16.6% | -6.4% | -4.1% | -33.3% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.95 | 2.11 | 2.16 | 1.69 | 1.68 |
| Avg | 1.36 | 1.39 | 1.45 | 1.40 | 1.62 |
| Low | 0.72 | 0.81 | 0.95 | 1.14 | 1.57 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 39.1% | 54.9% | 55.2% | 16.6% | 20.1% |
| Avg | -2.8% | 2.0% | 4.4% | -3.5% | 15.5% |
| Low | -48.9% | -40.2% | -31.5% | -21.6% | 12.1% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.