Plains GP Holdings LP has a consensus price target of $18.12 based on the ratings of 17 analysts. The high is $23 issued by UBS on April 12, 2024. The low is $12 issued by B of A Securities on July 19, 2022. The 3 most-recent analyst ratings were released by Morgan Stanley, Morgan Stanley, and Wells Fargo on October 25, 2024, June 10, 2024, and May 8, 2024, respectively. With an average price target of $19.67 between Morgan Stanley, Morgan Stanley, and Wells Fargo, there's an implied 2.16% upside for Plains GP Holdings LP from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Plains GP Holdings (NASDAQ:PAGP) was reported by Morgan Stanley on October 25, 2024. The analyst firm set a price target for $19.00 expecting PAGP to fall to within 12 months (a possible -1.30% downside). 10 analyst firms have reported ratings in the last year.
The latest analyst rating for Plains GP Holdings (NASDAQ:PAGP) was provided by Morgan Stanley, and Plains GP Holdings downgraded their equal-weight rating.
The last upgrade for Plains GP Holdings LP happened on April 21, 2023 when Raymond James raised their price target to $17. Raymond James previously had an outperform for Plains GP Holdings LP.
The last downgrade for Plains GP Holdings LP happened on October 25, 2024 when Morgan Stanley changed their price target from $22 to $19 for Plains GP Holdings LP.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Plains GP Holdings, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Plains GP Holdings was filed on October 25, 2024 so you should expect the next rating to be made available sometime around October 25, 2025.
While ratings are subjective and will change, the latest Plains GP Holdings (PAGP) rating was a downgraded with a price target of $22.00 to $19.00. The current price Plains GP Holdings (PAGP) is trading at is $19.25, which is out of the analyst’s predicted range.
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