Citigroup downgraded shares of Ultrapar Participações (NYSE:UGP – Get Rating) from a buy rating to a neutral rating in a report published on Tuesday morning, The Fly reports.
Several other research firms have also issued reports on UGP. StockNews.com initiated coverage on shares of Ultrapar Participações in a research report on Thursday, May 18th. They issued a buy rating on the stock. TheStreet raised shares of Ultrapar Participações from a c+ rating to a b rating in a research report on Friday, March 31st. Finally, UBS Group lowered shares of Ultrapar Participações from a buy rating to a neutral rating in a report on Tuesday, March 28th. Two investment analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat, Ultrapar Participações currently has a consensus rating of Moderate Buy and an average price target of $3.60.
Ultrapar Participações Stock Down 3.4 %
Shares of NYSE UGP opened at $3.36 on Tuesday. The company has a current ratio of 1.87, a quick ratio of 1.41 and a debt-to-equity ratio of 0.92. Ultrapar Participações has a 12-month low of $2.13 and a 12-month high of $3.53. The stock has a fifty day moving average price of $2.96 and a 200 day moving average price of $2.67. The company has a market cap of $3.75 billion, a P/E ratio of 12.00, a P/E/G ratio of 0.58 and a beta of 1.19.
Hedge Funds Weigh In On Ultrapar Participações
Ultrapar Participações Company Profile
Ultrapar Participaçoes SA engages in the distribution and retail services including, fuel, liquefied petroleum gas (LPG), retail pharmacy, specialty chemicals and liquid bulk storage businesses. It operates through the following segments: Ultragaz, Ipiranga, Oxiteno, Ultracargo, Extrafarma and Others.
- Get a free copy of the StockNews.com research report on Ultrapar Participações (UGP)
- Ralph Lauren’s Styled Dividend Is Still In Season
- Dollar Tree Falls As Theft Cuts Into Bottom Line
- Best Buy’s Comeback Is Still At Play, Earnings Call For Patience
- e.l.f. Beauty Has Giant Quarter, Shares Hit New High
- If You Can Only Pick One Stock For The Rest Of 2023, Pick Nvidia
Receive News & Ratings for Ultrapar Participações Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ultrapar Participações and related companies with MarketBeat.com's FREE daily email newsletter.