Equites Radar

SOBO · South Bow Corporation

Oil & Gas MidstreamCanadaAnalyst view: Hold

$38.50

-0.54% last session

End-of-day data · updated 2026-07-28

Bullish5 bullish · 0 bearish technical signals
Consensus: Hold (3.05 from 8 analysts)
To mean target: -11.5%

Market cap

$8B

Enterprise value

$13B

Trailing P/E

18.5

Forward P/E

19.3

Dividend yield

5.0%

Beta

Avg volume

1M

Employees

2D change

5D change

-3.39%

10D change

-1.24%

30D change

3.60%

60D change

5.36%

MTD change

8.45%

YTD change

39.97%

Analyst Outlook

Consensus ratingHold
Recommendation mean (1–5)3.05
Covering analysts8
Mean price target$34.08
Low price target$31.00
Upside to mean target-11.5%

Analyst estimates change daily — follow the shifts on the Estimate Trends page.

Technical Analysis

RSI (14)52.7
50-day MA$36.52
200-day MA$30.83
Price vs 50-day MA+1.8%
Price vs 200-day MA+20.5%
MACD histogram0.06
Volume vs 3-month avg0.4×
52w low $24.5452w high $38.67

Analyst sentiment over time — SOBO

Rec Mean (blue, left — higher = more bullish) vs. price targets (right).

Investment Bank Ratings as of 2026-07-21

Latest call per bank · past 12 months

Barclays

Equal-Weight

$34.00

-11.7% vs price
▲ raised from $33.00Maintains · 2026-05-21

Goldman Sachs

Sell

$29.00

-24.7% vs price
▲ raised from $0.00Initiates · 2026-04-20

JP Morgan

Underweight

$27.00

-29.9% vs price
▲ raised from $0.00Downgrade · 2025-08-21

Recent rating actions

DateFirmActionRatingPrice target
2026-07-21ScotiabankMaintainsSector Perform$36.00 $39.00
2026-05-26CIBCMaintainsNeutral$33.00 $36.00
2026-05-21BarclaysMaintainsEqual-Weight$33.00 $34.00
2026-05-08ScotiabankMaintainsSector Perform$34.00 $36.00
2026-04-20Goldman SachsInitiatesSell$0.00 $29.00
2026-03-09BarclaysMaintainsEqual-Weight$27.00 $33.00
2026-03-06ScotiabankMaintainsSector Perform$30.00 $34.00
2026-01-14Wolfe ResearchDowngradePeer PerformUnderperform$0.00 $24.00

Ratings and price targets are the published opinions of the issuing banks, compiled from Yahoo Finance rating actions — not investment advice.

Signal Summary as of 2026-07-28

  • RSI (14): RSI is 53 — neutral momentum, neither overbought nor oversold.
  • Price vs 50-day MA: Trading 1.8% above the 50-day MA ($36.52).
  • Price vs 200-day MA: Trading 20.5% above the 200-day MA ($30.83).
  • MA cross: The 50-day MA sits above the 200-day MA (golden-cross regime) — the longer-term trend points up.
  • MACD (12,26,9): MACD histogram is positive (+0.06) — short-term momentum is improving.
  • 52-week range: Price is within 5% of the 52-week high ($38.67).

SOBO Price Chart

Loading chart for SOBO

Fundamentals

Revenue (TTM)$2.0B
EBITDA$1.0B
Free cash flow$0M
Operating cash flow$1.0B
Book value / share$12.76
Net debt / EBITDA5.4
WACC3.0%
Revenue growth-1.00%
Earnings growth-12.00%

About South Bow Corporation

South Bow Corporation operates as an energy infrastructure company. It operates through three segments: Keystone Pipeline System, Marketing, and Intra-Alberta & Other. The Keystone Pipeline System segment consists of the company's main liquids pipeline network, which transports crude oil from Hardisty, Alberta, to key U.S. markets including Wood River, Patoka, Illinois, Cushing, Oklahoma, and the Gulf Coast. The Marketing segment provides crude oil marketing services, including transportation, storage, and logistics, and engages in physical crude oil trading and hedging activities. The Intra-Alberta & Other segment comprises pipelines such as the Grand Rapids Pipeline and White Spruce Pipeline, offering crude oil transportation from Alberta's oil sands to refining and market regions, and includes corporate and financing activities. The company also operates 4,900 kilometres of crude oil pipeline infrastructure connecting Alberta crude oil supplies to the U.S. refining markets in the U.S. Midwest and Gulf Coast. In addition, the company offers ancillary services, including storage at terminals. The company was incorporated in 2023 and is based in Calgary, Canada.

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Data is sourced from end-of-day snapshots and refreshed daily before the US market open — nothing on this page is real-time. Figures can contain vendor errors. This page is for information only and is not investment advice.