Analysts are on the Bearish side about Plains GP Holdings, L.P. (NYSE:PAGP) this week.

September 8, 2018 - By Matthew Richard

Plains GP Holdings, L.P. (NYSE:PAGP) Ratings Coverage

Among 5 analysts covering Plains GP Holdings (NYSE:PAGP), 3 have Buy rating, 0 Sell and 2 Hold. Therefore 60% are positive. Plains GP Holdings has $32 highest and $26 lowest target. $29’s average target is 17.65% above currents $24.65 stock price. Plains GP Holdings had 7 analyst reports since March 13, 2018 according to SRatingsIntel. The firm has “Hold” rating given on Wednesday, August 8 by Stifel Nicolaus. JP Morgan maintained Plains GP Holdings, L.P. (NYSE:PAGP) rating on Friday, August 24. JP Morgan has “Overweight” rating and $32 target. Stifel Nicolaus downgraded the stock to “Hold” rating in Wednesday, May 9 report. The rating was upgraded by SunTrust on Monday, April 9 to “Buy”. The firm has “Overweight” rating given on Tuesday, March 13 by JP Morgan. The rating was downgraded by Jefferies to “Hold” on Wednesday, April 25. Below is a list of Plains GP Holdings, L.P. (NYSE:PAGP) latest ratings and price target changes.

24/08/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $29 New Target: $32 Maintain
08/08/2018 Broker: Stifel Nicolaus Old Rating: Hold New Rating: Hold Old Target: $24 New Target: $26 Maintain
09/05/2018 Broker: Stifel Nicolaus Rating: Hold Downgrade
25/04/2018 Broker: Jefferies Old Rating: Buy New Rating: Hold Downgrade
20/04/2018 Broker: Deutsche Bank Rating: Buy New Target: $29 Initiates Coverage On
09/04/2018 Broker: SunTrust Old Rating: Hold New Rating: Buy Upgrade
13/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $27 New Target: $28 Maintain

The stock decreased 0.88% or $0.22 during the last trading session, reaching $24.65. About 2.11 million shares traded or 38.68% up from the average. Plains GP Holdings, L.P. (NYSE:PAGP) has declined 12.09% since September 8, 2017 and is downtrending. It has underperformed by 24.66% the S&P500.

Plains GP Holdings, L.P. owns and operates midstream energy infrastructure in the United States and Canada. The company has market cap of $6.90 billion. It operates through three divisions: Transportation, Facilities, and Supply and Logistics. It currently has negative earnings. The Transportation segment engages in the transportation of crude oil and NGL on pipelines, gathering systems, trucks, and barges.

Plains GP Holdings, L.P. (NYSE:PAGP) Ratings Chart

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.