Alert: Negative Investment/Fundamental Signals (12/19/24)-Plains GP Holdings LP (NASDAQ: PAGP)

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Plains GP Holdings LP (NASDAQ: PAGP) suffers from exceptional negative changes in investment behavior: the stock’s recent price decline challenged its longer term uptrend, and its shorter term price trend turned down.

Plains GP Holdings LP (NASDAQ: PAGP) suffers from important negative changes in fundamentals: the stock’s power rating fell below 50, and the consensus estimate for December, 2025 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Plains GP Holdings has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Plains GP Holdings has a slightly negative Power Rating of 36 and a slightly negative Appreciation Score of 35, triggering the Negative Value Trend Rating.

Recent Price Action

Plains GP Holdings LP (NASDAQ: PAGP) stock declined slightly by -0.4% on 12/19/24. The stock closed at $18.08. Moreover, this decline was accompanied by unusually high trading volume at 150% of normal. The stock has performed in line with the market over the last nine months and has declined -6.3% during the last week.

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