Jefferies raises UGI stock price target to $35 on strong outlook

Published 31/01/2025, 13:58
Jefferies raises UGI stock price target to $35 on strong outlook

UGI (NYSE:UGI) Corporation’s focus on operational efficiency and strategic initiatives appears to be resonating with analysts, as evidenced by the updated price target from Jefferies. The company’s efforts, coupled with favorable market conditions, are expected to drive performance in the near term, offering potential value to investors. This outlook is supported by UGI’s solid fundamentals, including a P/E ratio of 24.28 and positive earnings yield of 8%. This outlook is supported by UGI’s solid fundamentals, including a P/E ratio of 24.28 and positive earnings yield of 8%.

UGI Corporation’s focus on operational efficiency and strategic initiatives appears to be resonating with analysts, as evidenced by the updated price target from Jefferies. The company’s efforts, coupled with favorable market conditions, are expected to drive performance in the near term, offering potential value to investors. This outlook is supported by UGI’s solid fundamentals, including a P/E ratio of 24.28 and positive earnings yield of 8%.

UGI Corporation’s focus on operational efficiency and strategic initiatives appears to be resonating with analysts, as evidenced by the updated price target from Jefferies. The company’s efforts, coupled with favorable market conditions, are expected to drive performance in the near term, offering potential value to investors. This outlook is supported by UGI’s solid fundamentals, including a P/E ratio of 24.28 and positive earnings yield of 8%.

UGI Corporation’s focus on operational efficiency and strategic initiatives appears to be resonating with analysts, as evidenced by the updated price target from Jefferies. The company’s efforts, coupled with favorable market conditions, are expected to drive performance in the near term, offering potential value to investors.

In other recent news, UGI Corporation has been the subject of notable developments. Mizuho (NYSE:MFG) Securities has maintained an Outperform rating on UGI, raising the price target to $33.00 from $30.00, reflecting positive expectations for fiscal year 2027. This adjustment follows encouraging remarks from UGI’s CEO, Bob Flexon, about the company’s AmeriGas division and valuation.

UGI has also seen leadership changes, with Michael Sharp (OTC:SHCAY) appointed as the new President of AmeriGas Propane. The company recorded an impressive adjusted diluted earnings per share (EPS) of $3.06 for fiscal year 2024, marking a five-year compound annual growth rate (CAGR) of 6%. In addition, approximately $320 million was distributed as dividends, showcasing UGI’s commitment to its shareholders.

Jefferies maintained a positive outlook on UGI, raising its price target from $28 to $33, expressing confidence in UGI’s turnaround strategy. The company’s plan includes initiatives such as bolstering its AmeriGas division, divesting international assets, and realizing potential upside in gas marketing.

UGI Corporation reported strong financial performance for fiscal year 2024, with record EPS and high earnings before interest and taxes (EBIT) across three business segments. Despite challenges with its AmeriGas segment, UGI anticipates an adjusted diluted EPS for fiscal 2025 to range between $2.75 and $3.05. These developments highlight UGI’s ongoing efforts to enhance performance and shareholder value.

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