Scotiabank analyst Robert Hope raised the firm’s price target on South Bow (SOBO) to $34 from $30 and keeps a Sector Perform rating on the shares. The firm is increasing its valuation for the company based on its assumptions for the Prairie Pipeline project potentially adding $3 per share of value on a discounted basis, the analyst tells investors.
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Read More on SOBO:
- South Bow price target raised to C$44 from C$40 at BMO Capital
- South Bow Corp: Buy Rating Backed by Strong Q4 Results and Early Upside from Prairie Connector Project
- South Bow Posts Solid 2025 Results, Brings Blackrod Project Online and Maintains Dividend
- South Bow sees 2026 normalized EBITDA $1.03B +/- 2% vs. $1.02B in 2025
- South Bow reports Q4 normalized EPS 61c, consensus 40c