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.

Several price targets were given for PAGP by the analysts covering the stock. The most optimistic price target was 39, implying a possible profit of 41.61 percent. The lowest price target was 24, which equates to a potential downside of -12.85 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.

In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -4.71 percent. The average change in earnings estimates over the last 90 days is -32.08 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.53 percent, as compared to a month ago. If we look at the last 90 days instead, we find a net average change of -10.4 percent in FY estimates.

People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 2 analysts increased their quarterly estimates, while 1 analysts made negative revisions. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.

PAGP has a 52-week high of 36.59 and a 52-week low of 23.33. The current market price is above the trailing year's low by 18.05 percent, and below the high by 24.73 percent. 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 market cap of PAGP is $21.54 billion. PAGP's next earnings release will be on 0000-00-00, which is days away.