Free Trial

Plains All American Pipeline (PAA) Stock Forecast & Price Target

$18.98
-0.05 (-0.26%)
(As of 04:27 PM ET)

Plains All American Pipeline - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 11 Wall Street analysts who have issued ratings for Plains All American Pipeline in the last 12 months, the stock has a consensus rating of "Hold." Out of the 11 analysts, 2 have given a sell rating, 3 have given a hold rating, and 6 have given a buy rating for PAA.

Consensus Price Target

$19.55
2.98% Upside
High Forecast$23.00
Average Forecast$19.55
Low Forecast$15.00

According to the 11 analysts' twelve-month price targets for Plains All American Pipeline, the average price target is $19.55. The highest price target for PAA is $23.00, while the lowest price target for PAA is $15.00. The average price target represents a forecasted upside of 2.98% from the current price of $18.98.

TypeCurrent Forecast
7/24/23 to 7/23/24
1 Month Ago
6/24/23 to 6/23/24
3 Months Ago
4/25/23 to 4/24/24
1 Year Ago
7/24/22 to 7/24/23
Consensus Rating
Hold
Moderate Buy
Moderate Buy
Moderate Buy
Strong Buy
0 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
6 Buy rating(s)
9 Buy rating(s)
Hold
3 Hold rating(s)
3 Hold rating(s)
2 Hold rating(s)
5 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$19.55$19.38$18.96$16.27
Forecasted Upside2.98% Upside13.43% Upside15.19% Upside27.16% Upside
Get Plains All American Pipeline Upgrade and Downgrade Alerts

Sign-up to receive the latest news and ratings for PAA and its competitors with MarketBeat's FREE daily newsletter.

PAA Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

PAA Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Plains All American Pipeline Stock vs. The Competition

TypePlains All American PipelineOils/Energy CompaniesS&P 500
Consensus Rating Score
2.36
2.56
2.51
Consensus RatingHoldModerate BuyModerate Buy
Predicted Upside2.76% Upside335.50% Upside9.59% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/2/2024UBS Group
4 of 5 stars
 Boost TargetBuy ➝ Buy$21.00 ➝ $22.00+19.11%
6/10/2024Morgan Stanley
3 of 5 stars
 Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00+18.34%
5/14/2024Royal Bank of Canada
4 of 5 stars
 Boost TargetSector Perform ➝ Sector Perform$17.00 ➝ $18.00+3.39%
5/8/2024Wells Fargo & Company
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00+13.96%
5/6/2024Citigroup
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral ➝ Neutral$17.50 ➝ $18.00+3.69%
5/6/2024TD Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHold$17.00 ➝ $18.00+3.69%
4/16/2024Stifel Nicolaus
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$18.00 ➝ $22.00+25.64%
4/12/2024The Goldman Sachs Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetSell ➝ Sell$14.50 ➝ $16.00-11.31%
4/8/2024Scotiabank
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageSector Outperform$23.00+21.63%
3/19/2024Truist Financial
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuy ➝ Buy$21.00 ➝ $23.00+34.58%
9/25/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeEqual Weight ➝ Underweight$15.00-5.00%
7/21/2023Raymond James
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetStrong-Buy$17.00 ➝ $18.00+22.28%
7/12/2023Mizuho
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost Target$17.00 ➝ $19.00+30.94%
3/9/2023JPMorgan Chase & Co.
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetNeutral$14.00 ➝ $15.00+15.12%
2/7/2023Sanford C. Bernstein
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Market Perform$15.00 ➝ $14.50+14.90%
8/1/2022Seaport Res Ptn
Subscribe to MarketBeat All Access for the recommendation accuracy rating
S. Sibal
Subscribe to MarketBeat All Access for the recommendation accuracy rating
UpgradeNeutral ➝ Buy
8/1/2022Wolfe Research
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 DowngradeOutperform ➝ Peer Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Tuesday at 04:45 PM ET.

PAA Forecast - Frequently Asked Questions

What is Plains All American Pipeline's forecast for 2024?

According to the research reports of 11 Wall Street equities research analysts, the average twelve-month stock price forecast for Plains All American Pipeline is $19.55, with a high forecast of $23.00 and a low forecast of $15.00.

Should I buy or sell Plains All American Pipeline stock right now?

11 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Plains All American Pipeline in the last twelve months. There are currently 2 sell ratings, 3 hold ratings and 6 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" PAA shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PAA, but not buy additional shares or sell existing shares.

Does Plains All American Pipeline's stock price have much upside?

According to analysts, Plains All American Pipeline's stock has a predicted upside of 11.75% based on their 12-month stock forecasts.

What analysts cover Plains All American Pipeline?

Plains All American Pipeline has been rated by research analysts at Citigroup, Morgan Stanley, Royal Bank of Canada, TD Securities, UBS Group, and Wells Fargo & Company in the past 90 days.

Do Wall Street analysts like Plains All American Pipeline more than its competitors?

Analysts like Plains All American Pipeline less than other "oils/energy" companies. The consensus rating for Plains All American Pipeline is Hold while the average consensus rating for "oils/energy" companies is Moderate Buy. Learn more on how PAA compares to other companies.


This page (NYSE:PAA) was last updated on 7/23/2024 by MarketBeat.com Staff

From Our Partners