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Plains GP (PAGP) Stock Forecast & Price Target

$17.40
-0.24 (-1.36%)
(As of 06/14/2024 ET)

Plains GP - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Moderate Buy
Based on 10 Analyst Ratings

Consensus Price Target

$19.82
13.90% Upside
High Forecast$23.00
Average Forecast$19.82
Low Forecast$16.00
TypeCurrent Forecast
6/16/23 to 6/15/24
1 Month Ago
5/17/23 to 5/16/24
3 Months Ago
3/18/23 to 3/17/24
1 Year Ago
6/16/22 to 6/16/23
Consensus Rating
Moderate Buy
Moderate Buy
Hold
Moderate Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
6 Buy rating(s)
6 Buy rating(s)
2 Buy rating(s)
7 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
4 Hold rating(s)
Sell
2 Sell rating(s)
2 Sell rating(s)
2 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$19.82$19.64$17.43$15.73
Forecasted Upside13.90% Upside10.62% Upside9.04% Upside23.22% Upside
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PAGP Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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PAGP Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Plains GP Stock vs. The Competition

TypePlains GPOils/Energy CompaniesS&P 500
Consensus Rating Score
2.60
2.56
2.50
Consensus RatingModerate BuyModerate BuyHold
Predicted Upside13.90% Upside410.05% Upside12.22% Upside
News Sentiment RatingPositive News
Positive News
Positive News

Recent Analyst Forecasts and Stock Ratings

DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/10/2024Morgan Stanley
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 Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00+12.04%
5/8/2024Wells Fargo & Company
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 Boost TargetOverweight ➝ Overweight$19.00 ➝ $20.00+8.87%
5/6/2024Citigroup
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 Boost TargetNeutral ➝ Neutral$17.50 ➝ $18.00-0.94%
4/16/2024Stifel Nicolaus
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 Boost TargetBuy ➝ Buy$18.00 ➝ $22.00+19.05%
4/12/2024UBS Group
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 Boost TargetBuy ➝ Buy$22.00 ➝ $23.00+22.93%
4/12/2024The Goldman Sachs Group
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 Boost TargetSell ➝ Sell$14.50 ➝ $16.00-16.14%
4/12/2024Barclays
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 Boost TargetUnderweight ➝ Underweight$16.00 ➝ $18.00-5.66%
4/8/2024Scotiabank
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 Initiated CoverageSector Outperform$23.00+17.11%
11/6/2023Truist Financial
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 Boost TargetBuy ➝ Buy$17.00 ➝ $21.00+29.23%
7/21/2023Raymond James
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 Boost TargetStrong-Buy$17.00 ➝ $18.00+15.98%
7/12/2023Mizuho
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 Boost Target$17.00 ➝ $19.00+24.10%
3/9/2023JPMorgan Chase & Co.
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 Boost TargetNeutral$14.00 ➝ $15.00+9.89%
8/1/2022Wolfe Research
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 DowngradeOutperform ➝ Market Perform
7/19/2022Bank of America
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 UpgradeUnderperform ➝ Neutral$12.00+13.53%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 10:52 AM ET.

PAGP Frequently Asked Questions

What is Plains GP's stock forecast and purchase recommendation?

According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for Plains GP is $19.82, with a high forecast of $23.00 and a low forecast of $16.00. The consensus rating for Plains GP stock is Moderate Buy based on the current 2 sell ratings, 1 hold rating, 6 buy ratings and 1 strong buy rating for PAGP. Learn more on PAGP's analyst rating history.

Do Wall Street analysts like Plains GP more than its competitors?

Analysts like Plains GP more than other "oils/energy" companies. The consensus rating score for Plains GP is 2.60 while the average consensus rating score for "oils/energy" companies is 2.56. Learn more on how PAGP compares to other companies.

Does Plains GP's stock price have much upside?

According to analysts, Plains GP's stock has a predicted upside of 10.21% based on their 12-month stock forecasts.

What analysts cover Plains GP?

Plains GP has been rated by research analysts at Barclays, Citigroup, Morgan Stanley, Scotiabank, Stifel Nicolaus, The Goldman Sachs Group, UBS Group, and Wells Fargo & Company in the past 90 days.


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This page (NYSE:PAGP) was last updated on 6/15/2024 by MarketBeat.com Staff

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