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Barclays Reaffirms Their Sell Rating on Plains GP Holdings (PAGP)

Tipranks - Tipranks - Wed Jan 21, 3:44AM CST

In a report released today, Theresa Chen from Barclays maintained a Sell rating on Plains GP Holdings, with a price target of $17.00.

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Chen covers the Energy sector, focusing on stocks such as Valero Energy, Phillips 66, and Enterprise Products Partners. According to TipRanks, Chen has an average return of 15.3% and a 73.21% success rate on recommended stocks.

The word on The Street in general, suggests a Hold analyst consensus rating for Plains GP Holdings with a $19.93 average price target.

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Based on Plains GP Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $11.58 billion and a net profit of $83 million. In comparison, last year the company earned a revenue of $12.74 billion and had a net profit of $33 million

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