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.

Many analysts weighed in on price targets for PAGP. The maximum price target given was 39, implying potential capital gains of 41.61 percent. The most pessimistic analyst gave a price target of 24, implying a possible loss of -12.85 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

Analysts have revised their earnings estimates downwards for this quarter, by about -4.71 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -32.08 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0.53 percent. 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 made negative revisions. 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. Currently the stock is 18.05 percent higher than its low, and 24.73 percent lower than its 52-week high. PAGP has a price/earnings 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.