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

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

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

South Bow Price Performance

South Bow stock opened at $23.49 on Friday. The firm has a 50 day simple moving average of $24.63. South Bow has a 12 month low of $21.12 and a 12 month high of $27.30.

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.