Plains GP Stock Target Price and Analyst Consensus

PAGP Stock  USD 18.45  0.18  0.99%   
The current analyst and expert consensus on Plains GP is Buy with 6 hold recommendations. The current projected Plains GP target price consensus is 17.04 with 16 analyst opinions. One of the most common ways Plains GP Holdings analysts use to provide buy-or-sell recommendation to the public are conference calls analysis and financial statements evaluations. Some experts can also talk to Plains GP vendors, executives, and/or customers. Plains GP recommendation module provides expert sentiment on the projected Plains GP Holdings target price to derive its highest and lowest estimates based on target price standard deviation of 0.0. Check out Macroaxis Advice on Plains GP to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Lowest Forecast
15.51
Highest Forecast
18.91
Target Price
17.04
At this time, Plains GP's Gross Profit is relatively stable compared to the past year. As of 04/18/2024, Operating Profit Margin is likely to grow to 0.04, while Pretax Profit Margin is likely to drop 0.03. At this time, Plains GP's Long Term Debt is relatively stable compared to the past year. As of 04/18/2024, Cash And Short Term Investments is likely to grow to about 475.6 M, while Other Liabilities is likely to drop slightly above 626.3 M.
  
It's important to approach Plains GP's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.

Plains GP Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Plains target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. Plains GP's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   16  Buy
Most Plains analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand Plains stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of Plains GP Holdings, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

Plains GP Target Price Projection

Plains GP's current and average target prices are 18.45 and 17.04, respectively. The current price of Plains GP is the price at which Plains GP Holdings is currently trading. On the other hand, Plains GP's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

Plains GP Market Quote on 18th of April 2024

Low Price18.06Odds
High Price18.45Odds

18.45

Target Price

Analyst Consensus On Plains GP Target Price

Low Estimate15.51Odds
High Estimate18.91Odds

17.04

Historical Lowest Forecast  15.51 Target Price  17.04 Highest Forecast  18.91
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Plains GP Holdings and the information provided on this page.

Plains GP Analyst Ratings

Plains GP's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about Plains GP stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of Plains GP's financials, market performance, and future outlook by experienced professionals. Plains GP's historical ratings below, therefore, can serve as a valuable tool for investors.

Analyst Consensus Breakdown

Average Consensus Estimates

Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Plains GP price targets

Plains GP's stock target price is an estimate of its future price, usually made by analysts. Using Plains GP's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Plains GP's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Plains GP's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Plains GP Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Plains GP is a key component of Plains GP valuation and have some predictive power on the future returns of a Plains GP.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Plains GP's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
17.4318.4719.51
Details
Intrinsic
Valuation
LowRealHigh
18.1819.2220.26
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.190.200.52
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Plains GP. Your research has to be compared to or analyzed against Plains GP's peers to derive any actionable benefits. When done correctly, Plains GP's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Plains GP Holdings.

Trending Themes

If you are a self-driven investor, you will appreciate our idea-generating investing themes. Our themes help you align your investments inspirations with your core values and are essential building blocks of your portfolios. A typical investing theme is an unweighted collection of up to 20 funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of equities with common characteristics such as industry and growth potential, volatility, or market segment.
Warren Buffett Holdings Idea
Warren Buffett Holdings
Invested over 70 shares
Chemicals Idea
Chemicals
Invested over 40 shares
Automobiles and Trucks Idea
Automobiles and Trucks
Invested over 200 shares
Banking Idea
Banking
Invested over 30 shares
Investor Favorites Idea
Investor Favorites
Invested few shares
When determining whether Plains GP Holdings is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Plains Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Plains Gp Holdings Stock. Highlighted below are key reports to facilitate an investment decision about Plains Gp Holdings Stock:
Check out Macroaxis Advice on Plains GP to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
Note that the Plains GP Holdings information on this page should be used as a complementary analysis to other Plains GP's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Watchlist Optimization module to optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm.

Complementary Tools for Plains Stock analysis

When running Plains GP's price analysis, check to measure Plains GP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Plains GP is operating at the current time. Most of Plains GP's value examination focuses on studying past and present price action to predict the probability of Plains GP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Plains GP's price. Additionally, you may evaluate how the addition of Plains GP to your portfolios can decrease your overall portfolio volatility.
Share Portfolio
Track or share privately all of your investments from the convenience of any device
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Commodity Channel
Use Commodity Channel Index to analyze current equity momentum
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Pattern Recognition
Use different Pattern Recognition models to time the market across multiple global exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
The data published in Plains GP's official financial statements usually reflect Plains GP's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Plains GP Holdings. For example, before you start analyzing numbers published by Plains accountants, it's critical to develop an understanding of what Plains GP's liquidity, profitability, and earnings quality are in the context of the Oil, Gas & Consumable Fuels space in which it operates.
Please note, the presentation of Plains GP's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Plains GP's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Plains GP's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Plains GP Holdings. Please utilize our Beneish M Score to check the likelihood of Plains GP's management manipulating its earnings.