UGI Corp Receives a Hold from Jefferies

By Carrie Williams

Jefferies analyst Christopher Sighinolfi reiterated a Hold rating on UGI Corp (NYSE: UGI) yesterday and set a price target of $41. The company’s shares closed yesterday at $45.27.

According to, Sighinolfi is a 5-star analyst with an average return of 10.3% and a 64.9% success rate. Sighinolfi covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, National Fuel Gas Company, and EnLink Midstream Partners.

UGI Corp has an analyst consensus of Hold, with a price target consensus of $41.

Based on UGI Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.13 billion and quarterly net profit of $60.7 million. In comparison, last year the company earned revenue of $1.08 billion and had a GAAP net loss of $9.2 million.

Based on the recent corporate insider activity of 37 insiders, corporate insider sentiment is negative on the stock. Most recently, in September 2016, Robert F. Beard, the President & CEO of subsidiary of UGI sold 18,000 shares for a total of $849,240.

UGI Corp. operates as a holding company, through its subsidiaries, distributes, stores, transports and markets energy products and related services. It is a domestic and international retail distributor of propane and butane, which are liquefied petroleum gases and provider of natural gas and electric services through regulated local distribution utilities and a regional provider of heating, ventilation, air conditioning, refrigeration and electrical contracting services. It operates its business through six segments: AmeriGas Propane, UGI International-UGI France, UGI International-Flaga & Other, Energy Services, Electric Generation and Gas Utility. The AmeriGas Propane segment consists of the propane distribution business of AmeriGas Partners, L.P., which is the retail propane distributor. The UGI International-France and UGI International-Flaga & Other segments consist of the LPG distribution business. The Energy Services segment consists of energy-related businesses conducted by its wholly owned subsidiary, UGI Energy Services, LLC. The Electric Generation segment consists of solar and landfill gas electric generation facilities in Pennsylvania. The Gas Utility Segment consists of the regulated natural gas distribution businesses. The company was founded in 1991 and is headquartered in King of Prussia, PA.