BMO Capital Sticks to Its Hold Rating for South Bow Corp (SOBO)
In a report released today, Benjamin Pham from BMO Capital maintained a Hold rating on South Bow Corp, with a price target of C$49.00.
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According to TipRanks, Pham is a 5-star analyst with an average return of 10.1% and a 69.39% success rate. Pham covers the Utilities sector, focusing on stocks such as TransAlta, Fortis, and ATCO Ltd Cl I NV.
In addition to BMO Capital, South Bow Corp also received a Hold from TD Cowen’s Aaron Macneil in a report issued today. However, yesterday, Jefferies maintained a Buy rating on South Bow Corp (TSX: SOBO).
Based on South Bow Corp’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of C$419.35 million and a net profit of C$158.4 million. In comparison, last year the company earned a revenue of C$476.87 million and had a net profit of C$54.73 million
Based on the recent corporate insider activity of 24 insiders, corporate insider sentiment is neutral on the stock.
Read More on TSE:SOBO:
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- Lloyd Byrne Reiterates Buy on South Bow Corp as Strong Pipeline Performance and Stable EBITDA Support Medium‑Term Cash Flow Visibility
- South Bow price target raised to C$44 from C$43 at TD Securities
- South Bow price target raised to C$45 from C$44 at BMO Capital
- Benjamin Pham Lifts Price Target to C$45 but Maintains Hold on Balanced Upside and Structural Constraints
- Overvalued Growth Optionality and Constrained Capital Limit Near‑Term Returns: Maintaining Sell on South Bow
