Morgan Stanley Remains a Hold on Plains GP Holdings (PAGP)
Morgan Stanley analyst Robert Kad maintained a Hold rating on Plains GP Holdings on October 8 and set a price target of $20.00. The company’s shares closed last Friday at $16.85.
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According to TipRanks, Kad is a 4-star analyst with an average return of 8.3% and a 62.64% success rate. Kad covers the Energy sector, focusing on stocks such as Enterprise Products Partners, Kinder Morgan, and Oneok.
The word on The Street in general, suggests a Hold analyst consensus rating for Plains GP Holdings with a $19.50 average price target, which is a 15.73% upside from current levels. In a report released on September 30, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $19.50 price target.
PAGP market cap is currently $13.07B and has a P/E ratio of 25.04.
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- Plains GP Holdings price target lowered to $17 from $18 at Barclays
- Plains GP Holdings price target lowered to $20 from $21 at JPMorgan
- Plains GP Holdings Completes $1.25 Billion Debt Offering
- Plains to buy 55% interest in EPIC Crude Holdings, transaction valued at $1.57B
- Plains GP Holdings Acquires Stake in EPIC Crude
