South Bow (NYSE:SOBO) Upgraded at Tudor Pickering

Tudor Pickering upgraded shares of South Bow (NYSE:SOBO) to a strong-buy rating in a research note released on Tuesday,Zacks.com reports.

A number of other research analysts have also recently commented on SOBO. Jefferies Financial Group began coverage on shares of South Bow in a research report on Tuesday, October 8th. They set a “hold” rating on the stock. Cibc World Mkts upgraded South Bow to a “hold” rating in a research note on Friday, October 11th. US Capital Advisors raised South Bow to a “strong-buy” rating in a report on Monday, October 28th. Finally, Morgan Stanley initiated coverage on shares of South Bow in a research report on Friday, October 25th. They set an “underweight” rating for the company. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

South Bow Stock Performance

Shares of SOBO opened at $26.66 on Tuesday. South Bow has a twelve month low of $21.12 and a twelve month high of $27.30.

South Bow Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 7.50%. The ex-dividend date of this dividend is Tuesday, December 31st.

South Bow Company Profile

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.