Scotiabank Sticks to Their Buy Rating for Plains All American (PAA)
In a report released today, Brandon Bingham from Scotiabank maintained a Buy rating on Plains All American, with a price target of $24.00.
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According to TipRanks, Bingham is a 5-star analyst with an average return of 19.1% and an 80.26% success rate. Bingham covers the Energy sector, focusing on stocks such as Energy Transfer, Enterprise Products Partners, and Plains All American.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Plains All American with a $24.70 average price target.
Based on Plains All American’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $17.78 billion and a net profit of $1.83 billion. In comparison, last year the company earned a revenue of $10.64 billion and had a net profit of $210 million
Based on the recent corporate insider activity of 8 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of PAA in relation to earlier this year. Most recently, in June 2026, Lawrence Michael Ziemba, a Director at PAA sold 2,346.00 shares for a total of $51,494.70.
Read More on PAA:
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- Plains All American Pipeline Signals Confident Earnings Outlook
- Plains All American Posts Strong Q2 Results, Boosts Distribution
- Plains All American reports Q2 adjusted EPS 41c, consensus 50c
- PAA Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Plains All American price target raised to $23 from $21 at RBC Capital
