Ultrapar Participacoes SA has a consensus price target of $4.1 based on the ratings of 4 analysts. The high is $5.2 issued by Goldman Sachs on July 23, 2024. The low is $3.3 issued by Jefferies on September 21, 2023. The 3 most-recent analyst ratings were released by Goldman Sachs on July 23, 2024, March 20, 2024, and December 13, 2023, respectively. With an average price target of $5.5 between Goldman Sachs, there's an implied 105.22% upside for Ultrapar Participacoes SA from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Ultrapar Participacoes (NYSE:UGP) was reported by Goldman Sachs on July 23, 2024. The analyst firm set a price target for $5.20 expecting UGP to rise to within 12 months (a possible 95.49% upside). 3 analyst firms have reported ratings in the last year.
The latest analyst rating for Ultrapar Participacoes (NYSE:UGP) was provided by Goldman Sachs, and Ultrapar Participacoes maintained their neutral rating.
The last upgrade for Ultrapar Participacoes SA happened on June 14, 2024 when Citigroup raised their price target to N/A. Citigroup previously had a neutral for Ultrapar Participacoes SA.
The last downgrade for Ultrapar Participacoes SA happened on September 13, 2023 when Goldman Sachs changed their price target from $4.5 to $4 for Ultrapar Participacoes SA.
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 July 23, 2024 so you should expect the next rating to be made available sometime around July 23, 2025.
While ratings are subjective and will change, the latest Ultrapar Participacoes (UGP) rating was a maintained with a price target of $5.90 to $5.20. The current price Ultrapar Participacoes (UGP) is trading at is $2.66, which is out of the analyst’s predicted range.
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