Suburban Propane Partners LP has a consensus price target of $19.67, established from looking at the 7 latest analyst ratings. The last 3 analyst ratings were released from Argus Research, Mizuho, and Mizuho on June 10, 2024, January 29, 2024, and June 29, 2023. With an average price target of $19.33 between Argus Research, Mizuho, and Mizuho, there's an implied 0.59% upside for Suburban Propane Partners LP from these 3 analyst ratings.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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06/10/2024 | Buy Now | 30.07% | Argus Research | David Coleman | $24 → $25 | Maintains | Buy | Get Alert |
01/29/2024 | Buy Now | -11.55% | Mizuho | Gabriel Moreen | $16 → $17 | Downgrade | Neutral → Underperform | Get Alert |
06/29/2023 | Buy Now | -16.75% | Mizuho | Gabriel Moreen | $17 → $16 | Maintains | Neutral | Get Alert |
04/26/2023 | Buy Now | -11.55% | Mizuho | Gabriel Moreen | → $17 | Initiates | → Neutral | Get Alert |
11/17/2022 | Buy Now | -11.55% | Wells Fargo | Ned Baramov | $18 → $17 | Maintains | Equal-Weight | Get Alert |
04/28/2022 | Buy Now | -1.14% | Wells Fargo | Ned Baramov | $18 → $19 | Maintains | Equal-Weight | Get Alert |
12/16/2021 | Buy Now | -6.35% | Wells Fargo | Ned Baramov | — | Maintains | Equal-Weight | Get Alert |
The latest price target for Suburban Propane Partners (NYSE:SPH) was reported by Argus Research on June 10, 2024. The analyst firm set a price target for $25.00 expecting SPH to rise to within 12 months (a possible 30.07% upside). 2 analyst firms have reported ratings in the last year.
The latest analyst rating for Suburban Propane Partners (NYSE:SPH) was provided by Argus Research, and Suburban Propane Partners maintained their buy rating.
There is no last upgrade for Suburban Propane Partners
The last downgrade for Suburban Propane Partners LP happened on January 29, 2024 when Mizuho changed their price target from $16 to $17 for Suburban Propane Partners LP.
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 June 10, 2024 so you should expect the next rating to be made available sometime around June 10, 2025.
While ratings are subjective and will change, the latest Suburban Propane Partners (SPH) rating was a maintained with a price target of $24.00 to $25.00. The current price Suburban Propane Partners (SPH) is trading at is $19.22, which is out of the analyst’s predicted range.
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