South Bow (SOBO) to Release Quarterly Earnings on Wednesday

South Bow (NYSE:SOBO - Get Free Report) is expected to release its earnings data after the market closes on Wednesday, March 5th. Analysts expect South Bow to post earnings of $0.42 per share for the quarter.

South Bow Trading Up 0.1 %

NYSE SOBO traded up $0.03 during trading hours on Friday, hitting $26.62. 767,936 shares of the stock were exchanged, compared to its average volume of 662,670. The company has a market cap of $5.54 billion and a P/E ratio of 14.39. South Bow has a 12-month low of $21.12 and a 12-month high of $27.30. The stock has a 50-day moving average of $24.39.

Analyst Ratings Changes

SOBO has been the topic of several recent analyst reports. Tudor Pickering upgraded shares of South Bow to a "strong-buy" rating in a research report on Tuesday, November 19th. Scotiabank upped their target price on shares of South Bow from $24.00 to $26.00 and gave the stock a "sector perform" rating in a research report on Thursday, February 13th. CIBC upgraded shares of South Bow from a "neutral" rating to an "outperform" rating and upped their target price for the stock from $23.00 to $25.00 in a research report on Thursday, January 9th. TD Securities initiated coverage on shares of South Bow in a research report on Wednesday, January 15th. They set a "hold" rating on the stock. Finally, Wells Fargo & Company lowered shares of South Bow from a "hold" rating to a "strong sell" rating in a research report on Wednesday, December 18th. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, South Bow currently has an average rating of "Hold" and an average price target of $25.50.

South Bow Company Profile

South Bow Corp is a strategic liquids pipeline company. It is a new liquids-focused midstream infrastructure company. South Bow Corp is based in Canada.