Analyst Ratings for Plains GP Holdings LP (PAGP)

Updated: 2017-07-26

Plains GP Holdings LP (NYSE:PAGP) was awarded an average rating of Overweight from investment analysts following the stock. A consensus rating of Overweight was previously issued for PAGP last month.

22 analysts issued ratings on the stock, where 8 gave PAGP a buy rating, 3 issued an overweight rating, 11 issued a hold rating, 0 issued an underweight rating, and 0 gave a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Investment analysts gave a few price targets for PAGP. The most optimistic analyst gave a price target of 39, which equates to a potential upside of 41.61 percent. The lowest price target was 24, implying a possible loss of -12.85 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.71 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -32.08 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.53 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -10.4 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 2 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

PAGP has a 52-week high of 36.59 and a 52-week low of 23.33. Today's price is 18.05 percent above the 52-week low, and 24.73 percent lower than its 52-week high. PAGP has a P/E ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The PAGP value stock report compares PAGP to some of its peers using value stock charts. The stock has a market capitalization of $21.54 billion. PAGP's next earnings release will be on 0000-00-00, which is days away.