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Jefferies Keeps Their Buy Rating on South Bow Corp (SOBO)

Tipranks - Fri May 29, 4:28PM CDT

Jefferies analyst Sam Burwell maintained a Buy rating on South Bow Corp today and set a price target of C$57.00.

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Burwell covers the Energy sector, focusing on stocks such as Pembina Pipeline, Tourmaline Oil, and AltaGas. According to TipRanks, Burwell has an average return of 17.7% and a 69.54% success rate on recommended stocks.

South Bow Corp has an analyst consensus of Hold, with a price target consensus of C$47.51.

Based on South Bow Corp’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of C$416.07 million and a net profit of C$75.74 million. In comparison, last year the company earned a revenue of C$716.55 million and had a net profit of C$88 million

Based on the recent corporate insider activity of 20 insiders, corporate insider sentiment is neutral on the stock.

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