Barclays Sticks to Their Sell Rating for UGI Corp

By Jason Carr

Barclays analyst Christine Cho maintained a Sell rating on UGI Corp (NYSE: UGI) on February 1 and set a price target of $47. The company’s shares closed yesterday at $45.70, close to its 52-week low of $45.58.

According to TipRanks.com, Cho is a 1-star analyst with an average return of 0.0% and a 50.5% success rate. Cho covers the Basic Materials sector, focusing on stocks such as National Fuel Gas Company, EnLink Midstream Partners, and Spectra Energy Partners.

UGI Corp has an analyst consensus of Moderate Sell, with a price target consensus of $48.

UGI Corp’s market cap is currently $7.98B and has a P/E ratio of 14.15. The company has a book value ratio of 2.5014.

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of UGI in relation to earlier this year. Last month, Marvin Schlanger, a Director at UGI bought 12,750 shares for a total of $207,188.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

UGI Corp. operates as a holding company, which engages in the distribution, storage, transport, and marketing of energy products and related services. Through its subsidiaries, it operates through the following segments: AmeriGas Propane; UGI International; Midstream and Marketing; UGI Utilities; and Corporate and Other.