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.

A number of analysts gave price targets for PAGP. The maximum price target given was 39, implying a possible profit of 41.61 percent. The most pessimistic price target was 24, which equates to a potential downside of -12.85 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -4.71 percent. The average change in earnings estimates over the last 90 days is -32.08 percent. Meanwhile, fiscal year estimates have been revised upwards by 0.53 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -10.4 percent in FY estimates.

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. Also over the last month, 2 analysts increased their estimates for the FY 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. The current market price is above the trailing year's low by 18.05 percent, and 24.73 percent below the 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 stock has a market capitalization of $21.54 billion. PAGP will post this quarters earnings in days, on 0000-00-00.