The price of PAGP is predicted to go up 3.24%, based on the high correlation periods with CMCO. The similarity of these two price pattern on the periods is 98.81%.
PAGP
CMCO
After several years of difficult decisions, Plains is finally in a position to return more capital to its unitholders.
The Oryx joint venture is expected to result in about $50 million to $100 million in capital and optimization synergies.
Plains has done well with buying back $300 million in stock since late 2020 at well below our fair value.
Barclays
2025-01-16
Price Target
$18 → $19
Downside
-11.59%
Wolfe Research
2025-01-10
Price Target
n/a
Downside
0%
Wells Fargo
2024-12-18
Price Target
$22 → $20
Upside
+10.19%