Impact of Brokerage Rating on Plains Group Holdings, L.P.(PAGP)

Many Plains Group Holdings, L.P.(PAGP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Upgraded by Robert W. Baird on Jan 31, 2017 to Outperform, Raises Price Target to $ 39 from a previous price target of $34 .Plains GP Holdings LP was Initiated by Mizuho on Jan 30, 2017 to Neutral, Price Target of the shares are set at $35.Plains GP Holdings LP was Upgraded by JP Morgan to Overweight on Dec 9, 2016. Company shares were Reiterated by Stifel on Nov 17, 2016 to Hold, Raises Price Target to $ 31 from a previous price target of $29 .

Company has reported several Insider transactions to the SEC, on Feb 10, 2016, Greg L Armstrong (CEO) purchased 1,000,000 shares at 5.86 per share price.On Feb 10, 2016, Harry N Pefanis (COO) purchased 20,000 shares at 5.75 per share price.On Dec 23, 2015, John T Raymond (director) purchased 423,954 shares at 7.40 per share price.

Plains GP Holdings LP Last issued its quarterly earnings results on Feb 7, 2017. The company reported $-0.08 EPS for the quarter, missing the analyst consensus estimate by $ -0.71. Analyst had a consensus of $0.63. The company had revenue of $5952.00 million for the quarter, compared to analysts expectations of $6137.36 million. The companys revenue was up 19.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.11 EPS.

Plains Group Holdings, L.P. (NYSE:PAGP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.29 by 17 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 11 Brokerage Firms have advised hold.

Plains Group Holdings, L.P. (NYSE:PAGP): The mean short term price target for Plains Group Holdings, L.P. (NYSE:PAGP) has been established at $34.22 per share. The higher price target estimate is at $42 and the lower price target estimate is expected at $27 according to 14 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $4.37

Plains Group Holdings, L.P. (NYSE:PAGP) rose 2.53% or 0.8 points on Tuesday and made its way into the gainers of the day. After trading began at $31.39 the stock was seen hitting $32.41 as a peak level and $31.39 as the lowest level. The stock ended up at $32.4. The daily volume was measured at 1,285,846 shares. The 52-week high of the share price is $36.589165 and the 52-week low is $16.08432. The company has a market cap of $18,741 million.

Plains GP Holdings, L.P. operates as a holding company. The Company, through its subsidiaries, is involved in the transportation, storage, terminalling, and marketing of crude oil and refined products. It also focuses on the processing, transportation, fractionation, storage, and marketing of natural gas liquids, including ethane and natural gasoline products, as well as propane and butane products. Plains GP Holdings, L.P. is based in Houston, Texas.

Plains

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