Skip to main content

Analysts Offer Insights on Energy Companies: Plains All American (PAA) and Sable Offshore (SOC)

Tipranks - Wed Feb 4, 6:58AM CST

Analysts have been eager to weigh in on the Energy sector with new ratings on Plains All American (PAAResearch Report) and Sable Offshore (SOCResearch Report).

Claim 50% Off TipRanks Premium

Plains All American (PAA)

In a report released yesterday, Jeremy Tonet from J.P. Morgan maintained a Hold rating on Plains All American, with a price target of $21.00. The company’s shares closed last Monday at $19.20.

According to TipRanks.com, Tonet is a 5-star analyst with an average return of 8.2% and a 59.7% success rate. Tonet covers the Utilities sector, focusing on stocks such as Constellation Energy Corporation, Public Service Enterprise, and American Electric Power. ;'>

Plains All American has an analyst consensus of Hold, with a price target consensus of $20.25, representing a 6.8% upside. In a report issued on January 28, Morgan Stanley also maintained a Hold rating on the stock with a $21.00 price target.

See the top stocks recommended by analysts >>

Sable Offshore (SOC)

Roth MKM analyst Leo Mariani maintained a Buy rating on Sable Offshore today and set a price target of $22.00. The company’s shares closed last Monday at $9.01.

According to TipRanks.com, Mariani is a 5-star analyst with an average return of 27.1% and a 60.3% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sable Offshore with a $22.50 average price target.

Disclaimer & DisclosureReport an Issue

This article contains syndicated content. We have not reviewed, approved, or endorsed the content, and may receive compensation for placement of the content on this site. For more information please view the Barchart Disclosure Policy here.
This section contains press releases and other materials from third parties (including paid content). The Globe and Mail has not reviewed this content. Please see disclaimer.