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Suburban Propane Partners

SPHNYSE
Logo brought to you by Benzinga Data
$18.66
0.512.81%
At close: -
$18.66
00.00%
After Hours: Nov 22, 4:00 PM EDT
Consensus Rating1
Buy
Highest Price Target1
$25.00
Lowest Price Target1
$17.00
Consensus Price Target1
$19.67

Suburban Propane Partners (NYSE:SPH) Stock, Analyst Ratings, Price Targets, Forecasts

Suburban Propane Partners LP has a consensus price target of $19.67 based on the ratings of 3 analysts. The high is $25 issued by Argus Research on June 10, 2024. The low is $17 issued by Wells Fargo on August 30, 2024. The 3 most-recent analyst ratings were released by Wells Fargo, Argus Research, and Mizuho on August 30, 2024, June 10, 2024, and January 29, 2024, respectively. With an average price target of $19.67 between Wells Fargo, Argus Research, and Mizuho, there's an implied 5.39% upside for Suburban Propane Partners LP from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Jun
1
Aug
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
2.2
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

Wells Fargo
Argus Research
Mizuho

1calculated from analyst ratings

Analyst Ratings for Suburban Propane Partners

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FAQ

Q

What is the target price for Suburban Propane Partners (SPH) stock?

A

The latest price target for Suburban Propane Partners (NYSE:SPH) was reported by Wells Fargo on August 30, 2024. The analyst firm set a price target for $17.00 expecting SPH to fall to within 12 months (a possible -8.90% downside). 3 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Suburban Propane Partners (SPH)?

A

The latest analyst rating for Suburban Propane Partners (NYSE:SPH) was provided by Wells Fargo, and Suburban Propane Partners downgraded their underweight rating.

Q

When was the last upgrade for Suburban Propane Partners (SPH)?

A

There is no last upgrade for Suburban Propane Partners

Q

When was the last downgrade for Suburban Propane Partners (SPH)?

A

The last downgrade for Suburban Propane Partners LP happened on August 30, 2024 when Wells Fargo changed their price target from $17 to $17 for Suburban Propane Partners LP.

Q

When is the next analyst rating going to be posted or updated for Suburban Propane Partners (SPH)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Suburban Propane Partners, 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 Suburban Propane Partners was filed on August 30, 2024 so you should expect the next rating to be made available sometime around August 30, 2025.

Q

Is the Analyst Rating Suburban Propane Partners (SPH) correct?

A

While ratings are subjective and will change, the latest Suburban Propane Partners (SPH) rating was a downgraded with a price target of $17.00 to $17.00. The current price Suburban Propane Partners (SPH) is trading at is $18.66, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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