Mizuho lifts UGI stock price target to $38 on bullish outlook

Management’s strategies also contribute to the positive outlook, with the expectation that further details on customer attrition rates and progress on asset sales will be well-received by investors. Mizuho (NYSE:MFG)’s stance indicates a reduced likelihood of a convincing ’bear case’ for UGI (NYSE:UGI), suggesting that the potential for upside in the stock is more significant than the downside, even in a ’risk-off’ market environment. The firm highlights UGI’s natural gas exposure, utility defensiveness, and the potential benefits from lower domestic propane prices as key factors supporting this view. With a market capitalization of $7 billion and a solid gross profit margin of 54.35%, UGI demonstrates strong fundamentals that support its defensive positioning. With a market capitalization of $7 billion and a solid gross profit margin of 54.35%, UGI demonstrates strong fundamentals that support its defensive positioning.

Management’s strategies also contribute to the positive outlook, with the expectation that further details on customer attrition rates and progress on asset sales will be well-received by investors. Mizuho’s stance indicates a reduced likelihood of a convincing ’bear case’ for UGI, suggesting that the potential for upside in the stock is more significant than the downside, even in a ’risk-off’ market environment. The firm highlights UGI’s natural gas exposure, utility defensiveness, and the potential benefits from lower domestic propane prices as key factors supporting this view. With a market capitalization of $7 billion and a solid gross profit margin of 54.35%, UGI demonstrates strong fundamentals that support its defensive positioning.

Management’s strategies also contribute to the positive outlook, with the expectation that further details on customer attrition rates and progress on asset sales will be well-received by investors. Mizuho’s stance indicates a reduced likelihood of a convincing ’bear case’ for UGI, suggesting that the potential for upside in the stock is more significant than the downside, even in a ’risk-off’ market environment. The firm highlights UGI’s natural gas exposure, utility defensiveness, and the potential benefits from lower domestic propane prices as key factors supporting this view. With a market capitalization of $7 billion and a solid gross profit margin of 54.35%, UGI demonstrates strong fundamentals that support its defensive positioning.

Management’s strategies also contribute to the positive outlook, with the expectation that further details on customer attrition rates and progress on asset sales will be well-received by investors. Mizuho’s stance indicates a reduced likelihood of a convincing ’bear case’ for UGI, suggesting that the potential for upside in the stock is more significant than the downside, even in a ’risk-off’ market environment. The firm highlights UGI’s natural gas exposure, utility defensiveness, and the potential benefits from lower domestic propane prices as key factors supporting this view. With a market capitalization of $7 billion and a solid gross profit margin of 54.35%, UGI demonstrates strong fundamentals that support its defensive positioning.

Management’s strategies also contribute to the positive outlook, with the expectation that further details on customer attrition rates and progress on asset sales will be well-received by investors. Mizuho’s stance indicates a reduced likelihood of a convincing ’bear case’ for UGI, suggesting that the potential for upside in the stock is more significant than the downside, even in a ’risk-off’ market environment. The firm highlights UGI’s natural gas exposure, utility defensiveness, and the potential benefits from lower domestic propane prices as key factors supporting this view.

In other recent news, UGI Corporation’s first-quarter fiscal year 2025 performance prompted Jefferies to raise the company’s stock price target to $38, maintaining a Buy rating. This adjustment reflects UGI’s strategic debt repayment efforts through its subsidiary AmeriGas, which are expected to enhance EBITDA growth beyond fiscal year 2025. Jefferies’ analysis also predicts incremental increases in UGI’s earnings per share for the upcoming fiscal years, attributing these changes to reduced corporate expenses and debt repayment benefits. Additionally, UGI Corporation has appointed Julie Fazio as President of its international unit, marking a significant leadership change aimed at strengthening its European operations. Meanwhile, UGI’s subsidiary AmeriGas Propane, L.P. has revised its credit agreement to better reflect its liquidity position in anticipation of the maturity of its 2025 Senior Notes. Furthermore, UGI’s subsidiaries, AmeriGas Partners, L.P. and AmeriGas Finance Corp., have announced plans to redeem all outstanding 5.5% Senior Notes due 2025. At its recent Annual Meeting of Shareholders, UGI Corporation saw the election of all ten board nominees and the approval of executive compensation, while a proposal on director election resignation governance did not pass. These developments are part of UGI’s broader strategy to manage its capital structure and strengthen its market position.

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