South Bow Analyst Price Targets

Wall Street analyst price targets and consensus rating for South Bow (SOBO).

Price Target Range — 8 Quarters

Analyst Consensus — 7 Analysts

1Buy

2Hold

4Sell

Consensus RatingSector Perform# Analysts7Avg. Consensus PT$31Upside to Avg. PT-10.3%

Rating Trend — Last 9 Months

Recent Analyst Actions

Date	Firm	Analyst	Action	Rating Change	Price Target
Oct 22, 2026	CIBC	Robert Catellier	PT Cut	Neutral	$36→$35
Oct 9, 2026	Barclays	Theresa Chen	Downgrade	Equal-Weight→Underweight	$35→$33
Aug 7, 2026	Barclays	Theresa Chen	PT Raise	Equal-Weight	$34→$35
Jul 21, 2026	Scotiabank	Robert Hope	PT Raise	Sector Perform	$36→$39
May 26, 2026	CIBC	Robert Catellier	PT Raise	Neutral	$33→$36
May 21, 2026	Barclays	Theresa Chen	PT Raise	Equal-Weight	$33→$34
May 8, 2026	Scotiabank	Robert Hope	PT Raise	Sector Perform	$34→$36
Apr 20, 2026	Goldman Sachs	John Mackay	Initiate	Sell	$29
Mar 9, 2026	Barclays	Theresa Chen	PT Raise	Equal-Weight	$27→$33
Mar 6, 2026	Scotiabank	Robert Hope	PT Raise	Sector Perform	$30→$34
Jan 14, 2026	Wolfe Research	Burke Sansiviero	Downgrade	Peer Perform→Underperform	$24
Dec 8, 2025	Barclays	Theresa Chen	Initiate	Equal-Weight	$27
Oct 20, 2025	Scotiabank	Robert Hope	PT Raise	Sector Perform	$27→$28
Aug 21, 2025	JP Morgan	Jeremy Tonet	Downgrade	Neutral→Underweight	$27
Jul 22, 2025	CIBC	Robert Catellier	PT Raise	Neutral	$25→$26
May 19, 2025	RBC Capital	Maurice Choy	Maintained	Outperform	$38
Mar 28, 2025	JP Morgan	Jeremy Tonet	Initiate	Neutral	$28
Mar 7, 2025	Scotiabank	Robert Hope	PT Raise	Sector Perform	$26→$27
Mar 7, 2025	Wolfe Research	Keith Stanley	Downgrade	Outperform→Peer Perform	—
Feb 13, 2025	Scotiabank	—	PT Raise	Sector Perform	$24→$26