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

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

SOBO has been the topic of a number of other reports. Tudor Pickering upgraded South Bow to a “strong-buy” rating in a report on Tuesday, November 19th. Cibc World Mkts raised shares of South Bow to a “hold” rating in a research note on Friday, October 11th. Morgan Stanley started coverage on shares of South Bow in a research report on Friday, October 25th. They set an “underweight” rating for the company. Jefferies Financial Group started coverage on South Bow in a research note on Tuesday, October 8th. They issued a “hold” rating for the company. Finally, US Capital Advisors upgraded shares of South Bow to a “strong-buy” rating in a research note on Monday, October 28th. Two equities 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. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

South Bow Trading Down 3.1 %

SOBO stock opened at $23.49 on Friday. The stock’s 50-day moving average is $24.63. South Bow has a 1 year low of $21.12 and a 1 year 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.