South Bow Corporation (NYSE:SOBO) Stock Has Average Target Price of $32.50

Posted by Brian Himes on Oct 29th, 2026

Shares of South Bow Corporation (NYSE:SOBO – Get Free Report) have been given a consensus recommendation of “Hold” by the fourteen ratings firms that are covering the stock, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and four have issued a buy rating on the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $32.50.

A number of equities research analysts recently commented on SOBO shares. Canadian Imperial Bank of Commerce dropped their target price on South Bow from $36.00 to $35.00 and set a “neutral” rating on the stock in a research report on Thursday, October 22nd. BMO Capital Markets reissued a “market perform” rating on shares of South Bow in a research report on Monday, July 6th. Scotiabank lifted their price objective on shares of South Bow from $36.00 to $39.00 and gave the company a “sector perform” rating in a research note on Tuesday, July 21st. Weiss Ratings cut shares of South Bow from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Tuesday, September 8th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of South Bow in a report on Monday, August 10th.

Get Our Latest Stock Report on South Bow

Institutional Trading of South Bow

Hedge funds have recently bought and sold shares of the business. apricus wealth LLC lifted its holdings in South Bow by 4.2% in the third quarter. apricus wealth LLC now owns 16,000 shares of the company’s stock valued at $530,000 after acquiring an additional 650 shares during the last quarter. Miller Howard Investments Inc. NY grew its position in South Bow by 6.8% in the third quarter. Miller Howard Investments Inc. NY now owns 530,682 shares of the company’s stock worth $17,581,000 after acquiring an additional 33,746 shares during the period. Baskin Financial Services Inc. purchased a new position in South Bow in the third quarter worth approximately $1,171,000. IFP Advisors Inc increased its stake in South Bow by 202.6% during the third quarter. IFP Advisors Inc now owns 2,454 shares of the company’s stock worth $81,000 after acquiring an additional 1,643 shares during the last quarter. Finally, TD Waterhouse Canada Inc. increased its stake in South Bow by 1.6% during the third quarter. TD Waterhouse Canada Inc. now owns 1,978,562 shares of the company’s stock worth $66,282,000 after acquiring an additional 31,776 shares during the last quarter.

South Bow Stock Performance

Shares of NYSE:SOBO opened at $35.52 on Monday. The company has a market capitalization of $7.41 billion, a price-to-earnings ratio of 16.07 and a beta of 0.22. South Bow has a 52 week low of $25.01 and a 52 week high of $39.02. The company has a quick ratio of 1.44, a current ratio of 1.52 and a debt-to-equity ratio of 2.15. The firm has a 50 day moving average of $35.45 and a 200 day moving average of $34.26.

South Bow (NYSE:SOBO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.45 by $0.05. South Bow had a net margin of 22.99% and a return on equity of 15.84%. The firm had revenue of $546.00 million for the quarter, compared to the consensus estimate of $496.87 million. On average, sell-side analysts predict that South Bow will post 1.87 earnings per share for the current fiscal year.

South Bow Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Tuesday, September 29th were paid a $0.50 dividend. The ex-dividend date of this dividend was Tuesday, September 29th. This represents a $2.00 dividend on an annualized basis and a yield of 5.6%. South Bow’s dividend payout ratio (DPR) is currently 90.50%.

South Bow Company Profile

(Get Free Report)

South Bow Corp. (NYSE: SOBO) is a liquids-focused energy infrastructure company headquartered in Calgary, Alberta. The company owns and operates crude oil transportation and storage assets that connect Canadian production regions with refineries, storage hubs and export markets in the United States.

South Bow’s primary asset is the Keystone Pipeline System, which transports crude oil from Western Canada to destinations in the U.S. Midwest and along the U.S. Gulf Coast. The company also operates the Marketlink system, which moves crude from Cushing, Oklahoma, to the Gulf Coast, as well as Canadian pipeline assets serving oil sands and other production areas.

South Bow began operating as an independent publicly traded company in October 2024 following its separation from TC Energy.