UGI Corp. Surpasses Analyst 12-Month Price Target of $36.25
Recently, UGI Corp. (Symbol: UGI) shares rose above the average analyst 12-month target price of $36.25, currently trading at $36.49 per share. Analysts have two typical responses when a stock meets their target: they can downgrade on valuation or increase their target price. Their decisions may also hinge on underlying business developments influencing the stock’s rise.
Within the Zacks coverage universe, there are four analyst targets contributing to UGI’s average. Ratings vary; one analyst projects a price of $30.00, while another anticipates a high of $39.00, leading to a standard deviation of $4.193.
The rationale for examining the average price target is to harness collective insights from multiple analysts rather than relying on a single viewpoint. UGI’s current trading at $36.49 invites investors to evaluate whether this price is a waypoint toward a higher target or indicates a ceiling that necessitates taking profits. The following table details the existing analyst ratings for UGI Corp:
| Recent UGI Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 3 | 3 | 3 | 3 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 1 | 1 | 1 | 1 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 1.5 | 1.5 | 1.5 | 1.5 |
The average rating scale ranges from 1 (Strong Buy) to 5 (Strong Sell). Data is sourced from Zacks Investment Research via Quandl.com.
