Plains GP Holdings (PAGP) Gets a Hold Rating from Stifel Nicolaus


Stifel Nicolaus analyst Selman Akyol reiterated a Hold rating on Plains GP Holdings (NYSE: PAGP) yesterday and set a price target of $26. The company’s shares closed yesterday at $24.78.

According to TipRanks.com, Akyol is a 4-star analyst with an average return of 3.1% and a 61.0% success rate. Akyol covers the Basic Materials sector, focusing on stocks such as Energy Transfer Partners LP, Dcp Midstream Partners Lp, and Spectra Energy Partners.

Plains GP Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $26.83.

See today’s analyst top recommended stocks >>

Based on Plains GP Holdings’ latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $8.08 billion and net profit of $7 million. In comparison, last year the company earned revenue of $5.98 billion and had a net profit of $24 million.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Plains GP Holdings LP operates as a holding company. Its subsidiaries engaged in the transportation, storage, terminalling and marketing of crude oil and refined products, as well as in the processing, transportation, fractionation, storage and marketing of natural gas liquids. The company was founded in August 2007 and is headquartered in Houston, TX.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts