BMO Capital Reaffirms Their Buy Rating on Plains All American

By Ryan Adsit

BMO Capital analyst Danilo Juvane reiterated a Buy rating on Plains All American (NYSE: PAA) on July 12 and set a price target of $27. The company’s shares closed yesterday at $23.53.

According to TipRanks.com, Juvane is a 4-star analyst with an average return of 12.2% and a 70.8% success rate. Juvane covers the Basic Materials sector, focusing on stocks such as Cheniere Energy Partners LP Holdings LLC, Enterprise Products Partners LP, and Cheniere Energy Partners LP.

Plains All American has an analyst consensus of Moderate Buy, with a price target consensus of $25.33.

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Plains All American’s market cap is currently $17.06B and has a P/E ratio of 32.97. The company has a Price to Book ratio of 1.95.

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Plains All American Pipeline LP engages in the provision of transportation, storage, terminalling and marketing of crude oil, refined products and other natural gas-related petroleum products. It operates through the following business segments: Transportation, Facilities, and Supply & Logistics.