The shares of Plains All American Pipeline, L.P. (NYSE:PAA) has been pegged with a rating of Buy by Tudor Pickering in its latest research note that was published on February 6th, 2019. Tudor Pickering wasn’t the only research firm that published a report of Plains All American Pipeline, L.P., with other equities research analysts also giving their opinion on the stock. Goldman advised investors in its research note published on January 3rd, 2019, to Buy the PAA stock. The stock had earned Buy rating from Jefferies when it published its report on December 20th, 2018. The stock was given Outperform rating by Credit Suisse in its report released on October 11th, 2018. Johnson Rice was of a view that PAA is Buy in its latest report on September 13th, 2018 while giving it a price target of $31. Stifel thinks that PAA is worth Hold rating. This was contained in the firm’s report on August 8th, 2018 in which the stock’s price target was also moved to $26.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 9 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $27.57. The price of the stock the last time has raised by 22.16% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 51.31.
The shares of the company added by 1.20% during the trading session on Tuesday, reaching a low of $23.45 while ending the day at $23.62. During the trading session, a total of 2.07 million shares were traded which represents a -26.38% decline from the average session volume which is 1.64M shares. PAA had ended its last session trading at 23.34. Plains All American Pipeline, L.P. currently has a market cap of $17.25B, while its P/E ratio stands at 6.81, while its P/E earnings growth sits at 0.51, with a beta of 0.96. Plains All American Pipeline, L.P. debt-to-equity ratio currently stands at 0.89, while its quick ratio hovers at 0.90. PAA 52-week low price stands at $19.33 while its 52-week high price is $27.70.
The company in its last quarterly report recorded $1.20 earnings per share which is above the $0.57 predicted by most analysts. The Plains All American Pipeline, L.P. generated $8,375.00 million in revenue during the last quarter, which is slightly lower than the $9,016.92 million predicted by analysts. In the second quarter last year, the firm recorded $1.38 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -15%. Plains All American Pipeline, L.P. has the potential to record 3.47 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Raymond James published a research note on April 4th, 2019 where it informed investors and clients that BB&T Corporation (NYSE:BBT) is now rated as Mkt Perform. Goldman also rated BBT as Upgrade on January 3rd, 2019, with its price target of $32 suggesting that BBT could surge by 9.75% from its current share price. Even though the stock has been trading at $49.58/share, analysts expect it to surge higher by 0.97% to reach $55.47/share. It started the day trading at $50.31 and traded between $49.68 and $50.06 throughout the trading session.
A look at its technical shows that BBT’s 50-day SMA is 48.99 while its 200-day SMA stands at 48.89. The stock has a high of $54.96 for the year while the low is $40.68. The company’s P/E ratio currently sits at 12.84, while the P/B ratio is 1.38. At the moment, only of BB&T Corporation shares were sold short. The company’s average trading volume currently stands at 5.17M shares, which means that the short-interest ratio is just 7.27 days. Over the past seven days, the company moved, with its shift of 2.52%. Looking further, the stock has raised 0.97% over the past 90 days while it gained 5.04% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc sold more BBT shares, decreasing its portfolio by -0.78% during the last quarter. This move now sees The Vanguard Group Inc selling -462,720 shares in the last quarter, thus it now holds 58,992,376 shares of BBT, with a total valuation of $2,757,893,578. BlackRock Fund Advisors meanwhile bought more BBT shares in the recently filed quarter, changing its stake to $1,883,203,322 worth of shares. SSgA Funds Management Inc followed the path by decreasing its BBT portfolio by -0.23% in the quarter. This means that SSgA Funds Management Inc sold -80,205 shares in the last quarter and now controls 34,183,161 shares of the BBT stock, with the valuation hitting $1,598,062,777.
Similarly, Dodge Cox increased its BB&T Corporation shares by +6.10% during the recently filed quarter. After buying 1,047,180 shares in the last quarter, the firm now controls 18,206,728 shares of BB&T Corporation which are valued at $851,164,534. In the same vein, Macquarie Investment Management B increased its BB&T Corporation shares by during the most recent reported quarter. The firm bought 218,971 shares during the quarter which increased its stakes to 14,756,763 shares and is now valued at $689,878,670. Following these latest developments, around 0.30% of BB&T Corporation stocks are owned by institutional investors and hedge funds.