South Bow (SOBO) Projected to Post Quarterly Earnings on Wednesday

South Bow (NYSE:SOBO) is anticipated to post its quarterly earnings results 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 Stock Up 2.6 %

South Bow stock opened at $25.84 on Wednesday. The business’s 50 day moving average price is $24.14. The company has a market cap of $5.37 billion and a price-to-earnings ratio of 13.97. South Bow has a fifty-two week low of $21.12 and a fifty-two week high of $27.30.

Analyst Ratings Changes

Several research analysts have weighed in on SOBO shares. Scotiabank lifted their target price on South Bow from $24.00 to $26.00 and gave the stock a “sector perform” rating in a report on Thursday, February 13th. TD Securities assumed coverage on shares of South Bow in a research note on Wednesday, January 15th. They set a “hold” rating for the company. Tudor Pickering upgraded shares of South Bow to a “strong-buy” rating in a research note on Tuesday, November 19th. Wells Fargo & Company lowered South Bow from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 18th. Finally, CIBC upgraded South Bow from a “neutral” rating to an “outperform” rating and raised their price target for the company from $23.00 to $25.00 in a research note on Thursday, January 9th. Two analysts have rated the stock with a sell rating, four have given a hold rating, one has issued a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $25.50.

About South Bow

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.