Shares of Ultrapar Participacoes SA (UGP) recently traded at $4.12, surpassing the average analyst 12-month target price of $4.08. This fluctuation occurred in light of varying analyst opinions, with targets ranging from $3.10 to $5.00 and a standard deviation of $0.842 from the average.
According to a recent analysis, Ultrapar currently has 5 strong buy ratings, 2 hold ratings, and 1 sell rating. The average rating stands at 1.88 on a scale where 1 indicates a strong buy and 5 indicates a strong sell. This rating suggests a primarily bullish outlook on the stock amidst its current valuation.
