Plains GP Holdings LP PT Raised to $32.00 at Oppenheimer (PAGP)
Analysts at Oppenheimer upped their target price on shares of Plains GP Holdings LP (NASDAQ:PAGP) from $30.00 to $32.00 in a research report issued to clients and investors on Monday, AnalystRatings.NET reports. The firm currently has an “outperform” rating on the stock. Oppenheimer’s price target would indicate a potential upside of 21.17% from the stock’s previous close.
A number of other analysts have also recently weighed in on PAGP. Analysts at Raymond James raised their price target on shares of Plains GP Holdings LP from $24.00 to $28.00 in a research note to investors on Friday. Separately, analysts at Stifel Nicolaus raised their price target on shares of Plains GP Holdings LP from $26.00 to $29.00 in a research note to investors on Friday. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group downgraded shares of Plains GP Holdings LP from a “buy” rating to a “hold” rating in a research note to investors on Wednesday, January 22nd. They now have a $29.00 price target on the stock, up previously from $26.00. Four analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and an average price target of $27.62.
Plains GP Holdings LP (NASDAQ:PAGP) traded up 0.23% on Monday, hitting $26.47. The stock had a trading volume of 40,420 shares. Plains GP Holdings LP has a one year low of $21.50 and a one year high of $27.04. The stock’s 50-day moving average is $25.96 and its 200-day moving average is $24.2. The company has a market cap of $3.504 billion and a P/E ratio of 880.33.
Plains GP Holdings LP (NASDAQ:PAGP) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.76 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.66. Analysts expect that Plains GP Holdings LP will post $0.33 EPS for the current fiscal year.
The company also recently declared a special dividend, which is scheduled for Friday, February 14th. Stockholders of record on Friday, January 31st will be given a dividend of $0.1251 per share. The ex-dividend date of this dividend is Wednesday, January 29th.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.