Analyst Price Target is $19.82
▲ +16.99% Upside Potential
This price target is based on 11 analysts offering 12 month price targets for Plains All American Pipeline in the last 3 months. The average price target is $19.82, with a high forecast of $23.00 and a low forecast of $16.00. The average price target represents a 16.99% upside from the last price of $16.94.
Current Consensus is
Hold
The current consensus among 11 contributing investment analysts is to hold stock in Plains All American Pipeline. This rating has held steady since June 2024, when it changed from a Moderate Buy consensus rating.
Plains All American Pipeline, L.P., through its subsidiaries, engages in the pipeline transportation, terminaling, storage, and gathering of crude oil and natural gas liquids (NGL) in the United States and Canada. The company operates through two segments, Crude Oil and NGL. The Crude Oil segment offers gathering and transporting crude oil through pipelines, gathering systems, trucks, and on barges or railcars. This segment provides terminaling, storage, and other facilities-related services, as well as merchant activities. The NGL segment is involved in natural gas processing and NGL fractionation, storage, transportation, and terminaling. This segment also includes ethane, propane, normal butane, iso-butane, and natural gasoline derived from natural gas production and processing activities, as well as crude oil refining processes. Its NGL components are used for various applications, such as heating, engine, and industrial fuels. 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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