SOBO

South Bow Corp

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Advanced Chart

25.950

-0.35(-1.331%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

26.360

Open

26.200

VWAP

25.98

Vol

627.77K

Mkt Cap

5.40B

Low

25.900

Amount

16.31M

EV/EBITDA(TTM)

10.82

Total Shares

208.22M

10.74B

EV/OCF(TTM)

20.08

P/S(TTM)

2.61

South Bow Corp is an energy infrastructure company, which owns and operates critical liquids pipelines and facilities extending across Canada and the United States. Its segments include Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the Company's liquid pipeline system, which connects crude oil production in Hardisty, Alberta to key refining and demand markets in the United States Midwest and Gulf Coast. It provides crude oil transportation service from Hardisty, Alberta, to various delivery points in the United States Midwest and Gulf Coast. Marketing segment provides customers with a variety of crude oil marketing services, including transportation, storage, and logistics. Intra-Alberta pipelines segment is comprised of the Grand Rapids Pipeline and White Spruce Pipeline, which provide crude oil transportation from Alberta’s oil sands region to terminals in the Edmonton and Heartland refining and market regions.

7 Analyst Rating

-0.46% Downside

Wall Street analysts forecast SOBO stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for SOBO is 25.83 USD with a low forecast of 22.83 USD and a high forecast of 27.98 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

5 Hold

1 Sell

Hold

-0.46% Downside

Current: 25.950

Low

22.83

Averages

25.83

High

27.98

-0.46% Downside

Current: 25.950

Low

22.83

Averages

25.83

High

27.98

CIBC

Neutral

maintain

$25 -> $26

2025-07-22

New

Reason

CIBC

Price Target

$25 -> $26

2025-07-22

New

maintain

Neutral

Reason

CIBC raised the firm's price target on South Bow to $26 from $25 and keeps a Neutral rating on the shares. The price target change reflects estimate increases for Q2 due to "the expected timing of unwinding certain marketing positions," which are now anticipated to be pushed to Q3.

Jefferies

Hold

maintain

$33 -> $37

2025-07-22

New

Reason

Jefferies

Price Target

$33 -> $37

2025-07-22

New

maintain

Hold

Reason

Jefferies raised the firm's price target on South Bow to C$37 from C$33 and keeps a Hold rating on the shares.

JP Morgan

Jeremy Tonet

Hold

Initiates

$28

2025-03-28

Reason

JP Morgan

Jeremy Tonet

Price Target

$28

2025-03-28

Initiates

Hold

Reason

Wolfe Research

Keith Stanley

Buy

Hold

Downgrades

n/a

2025-03-07

Reason

Wolfe Research

Keith Stanley

Price Target

n/a

2025-03-07

Downgrades

Buy

Hold

Reason

Scotiabank

Robert Hope

Hold

Maintains

$26 → $27

2025-03-07

Reason

Scotiabank

Robert Hope

Price Target

$26 → $27

2025-03-07

Maintains

Hold

Reason

Scotiabank raised the firm's price target on South Bow to $27 from $26 and keeps a Sector Perform rating on the shares. The company reported a strong inaugural quarter, but its 2025 EBITDA outlook was below consensus, the analyst tells investors. The firm moves down its estimates given a softer marketing and spot volume outlook.

See All Ratings

Valuation Metrics

The current forward P/E ratio for South Bow Corp (SOBO.N) is 16.58, compared to its 5-year average forward P/E of 16.06. For a more detailed relative valuation and DCF analysis to assess South Bow Corp 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Fair

5Y Average PE

16.06

Current PE

16.58

Overvalued PE

16.87

Undervalued PE

15.26

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

10.77

Current EV/EBITDA

10.99

Overvalued EV/EBITDA

11.07

Undervalued EV/EBITDA

10.46

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Fair

5Y Average PS

2.69

Current PS

2.81

Overvalued PS

2.84

Undervalued PS

2.54