| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 09/21/2023 | -14.51% | Jefferies | → $3.3 | Initiates Coverage On | → Underperform |
| 09/13/2023 | 3.63% | Goldman Sachs | $4.5 → $4 | Downgrades | Buy → Neutral |
| 06/23/2023 | -1.55% | HSBC | $3 → $3.8 | Downgrades | Buy → Hold |
| 05/30/2023 | 3.63% | Goldman Sachs | $3.4 → $4 | Maintains | Buy |
| 05/10/2023 | -11.92% | Goldman Sachs | $3 → $3.4 | Maintains | Buy |
| 08/24/2022 | -6.74% | Goldman Sachs | $3.1 → $3.6 | Maintains | Buy |
| 07/13/2022 | -19.69% | Goldman Sachs | $3.5 → $3.1 | Maintains | Buy |
| 12/14/2021 | -22.28% | Santander | → $3 | Downgrades | Buy → Hold |
| 03/31/2020 | — | B of A Securities | Upgrades | Neutral → Buy | |
| 01/17/2020 | — | B of A Securities | Upgrades | Underperform → Neutral | |
| 12/10/2019 | 60.62% | Santander | → $6.2 | Upgrades | Hold → Buy |
| 10/03/2019 | 21.76% | Goldman Sachs | → $4.7 | Initiates Coverage On | → Neutral |
| 09/03/2019 | 29.53% | JP Morgan | $5.5 → $5 | Maintains | Neutral |
What is the target price for Ultrapar Participacoes (UGP)?
The latest price target for Ultrapar Participacoes (NYSE: UGP) was reported by Jefferies on September 21, 2023. The analyst firm set a price target for $3.30 expecting UGP to fall to within 12 months (a possible -14.51% downside). 5 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Ultrapar Participacoes (UGP)?
The latest analyst rating for Ultrapar Participacoes (NYSE: UGP) was provided by Jefferies, and Ultrapar Participacoes initiated their underperform rating.
When is the next analyst rating going to be posted or updated for Ultrapar Participacoes (UGP)?
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Ultrapar Participacoes, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Ultrapar Participacoes was filed on September 21, 2023 so you should expect the next rating to be made available sometime around September 21, 2024.
Is the Analyst Rating Ultrapar Participacoes (UGP) correct?
While ratings are subjective and will change, the latest Ultrapar Participacoes (UGP) rating was a initiated with a price target of $0.00 to $3.30. The current price Ultrapar Participacoes (UGP) is trading at is $3.86, which is out of the analyst's predicted range.