UGI Corp (UGI) Receives a Sell from Barclays

By Jason Carr

Barclays analyst Christine Cho, CFA maintained a Sell rating on UGI Corp (UGIResearch Report) yesterday and set a price target of $51. The company’s shares closed yesterday at $52.29.

According to TipRanks.com, CFA is a 1-star analyst with an average return of -0.2% and a 50.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Dcp Midstream Partners Lp, Targa Resources Corp, and EnLink Midstream LLC.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for UGI Corp with a $57.67 average price target.

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The company has a one-year high of $59.31 and a one-year low of $43.97. Currently, UGI Corp has an average volume of 1.08M.

Based on the recent corporate insider activity of 36 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. Most recently, in February 2019, Marvin Schlanger, a Director at UGI bought 12,750 shares for a total of $204,128.

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 & Other.