South Bow (SOBO) to Release Quarterly Earnings on Wednesday

South Bow (NYSE:SOBO) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, March 5th. Analysts expect the company to announce earnings of $0.42 per share for the quarter.

South Bow Stock Performance

NYSE:SOBO opened at $25.84 on Wednesday. The firm has a market capitalization of $5.37 billion and a price-to-earnings ratio of 13.97. The company has a 50-day moving average price of $24.14. South Bow has a 12 month low of $21.12 and a 12 month high of $27.30.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on SOBO. Scotiabank increased their price target on South Bow from $24.00 to $26.00 and gave the stock a “sector perform” rating in a research report on Thursday, February 13th. Wells Fargo & Company cut South Bow from a “hold” rating to a “strong sell” rating in a report on Wednesday, December 18th. CIBC raised South Bow from a “neutral” rating to an “outperform” rating and lifted their price target for the company from $23.00 to $25.00 in a report on Thursday, January 9th. Tudor Pickering upgraded shares of South Bow to a “strong-buy” rating in a research report on Tuesday, November 19th. Finally, TD Securities began coverage on shares of South Bow in a research report on Wednesday, January 15th. They issued a “hold” rating for the company. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating, one has given a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target 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.