Jefferies Reaffirms Their Buy Rating on UGI (UGI)
In a report released today, Julien Dumoulin Smith from Jefferies maintained a Buy rating on UGI, with a price target of $45.00.
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Dumoulin Smith covers the Utilities sector, focusing on stocks such as American Electric Power, Southern Co, and Essential Utilities. According to TipRanks, Dumoulin Smith has an average return of 6.0% and a 57.51% success rate on recommended stocks.
UGI has an analyst consensus of Moderate Buy, with a price target consensus of $45.00.
Based on UGI’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1.39 billion and a GAAP net loss of $163 million. In comparison, last year the company earned a revenue of $1.38 billion and had a GAAP net loss of $48 million
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