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Morgan Stanley Remains a Hold on Plains All American (PAA)

Tipranks - Tipranks - Thu Jan 29, 8:16AM CST

Morgan Stanley analyst Robert Kad maintained a Hold rating on Plains All American today and set a price target of $21.00.

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According to TipRanks, Kad is a 4-star analyst with an average return of 7.9% and a 60.41% success rate. Kad covers the Energy sector, focusing on stocks such as Energy Transfer, Enterprise Products Partners, and Oneok.

Currently, the analyst consensus on Plains All American is a Hold with an average price target of $20.17.

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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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