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 minimum price target given was 24, implying a possible loss of -12.85 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.
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. 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.
People are often interested in whether analysts were united in the direction of their revisions. 2 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. Also over the last month, 2 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
In the last 52-weeks, PAGP has achieved a high of 36.59 and a 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 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 will post this quarters earnings in days, on 0000-00-00.