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Barclays Reaffirms Their Sell Rating on Plains All American (PAA)
In a report released today, Theresa Chen from Barclays maintained a Sell rating on Plains All American, with a price target of $17.00.
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Chen covers the Energy sector, focusing on stocks such as Valero Energy, Phillips 66, and Enterprise Products Partners. According to TipRanks, Chen has an average return of 15.3% and a 73.21% success rate on recommended stocks.
Plains All American has an analyst consensus of Hold, with a price target consensus of $20.06.
Based on Plains All American’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $11.58 billion and a net profit of $441 million. In comparison, last year the company earned a revenue of $12.74 billion and had a net profit of $220 million
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