South Bow (NYSE:SOBO) Stock Rating Upgraded by Scotiabank

South Bow (NYSE:SOBO) was upgraded by stock analysts at Scotiabank to a “hold” rating in a research report issued on Friday,Zacks.com reports.

SOBO has been the subject of a number of other reports. US Capital Advisors upgraded South Bow to a “strong-buy” rating in a report on Monday, October 28th. Tudor Pickering raised shares of South Bow to a “strong-buy” rating in a research note on Tuesday, November 19th. Wells Fargo & Company downgraded shares of South Bow from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 18th. Cibc World Mkts upgraded shares of South Bow to a “hold” rating in a report on Friday, October 11th. Finally, Jefferies Financial Group began coverage on South Bow in a research note on Tuesday, October 8th. They set a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

South Bow Stock Performance

SOBO stock opened at $23.49 on Friday. South Bow has a one year low of $21.12 and a one year high of $27.30. The firm’s 50 day moving average price is $24.63.

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.