| Date | Upside/Downside | Analyst Firm | Price Target Change | Rating Change | Previous / Current Rating |
|---|---|---|---|---|---|
| 08/24/2022 | 31.87% | Goldman Sachs | $3.1 → $3.6 | Maintains | Buy |
| 07/13/2022 | 13.55% | Goldman Sachs | $3.5 → $3.1 | Maintains | Buy |
| 12/14/2021 | 9.89% | Santander | → $3 | Downgrades | Buy → Hold |
| 03/31/2020 | — | B of A Securities | Upgrades | Neutral → Buy | |
| 01/17/2020 | — | B of A Securities | Upgrades | Underperform → Neutral | |
| 12/10/2019 | 127.11% | Santander | → $6.2 | Upgrades | Hold → Buy |
| 10/03/2019 | 72.16% | Goldman Sachs | → $4.7 | Initiates Coverage On | → Neutral |
| 09/03/2019 | 83.15% | JP Morgan | $5.5 → $5 | Maintains | Neutral |
| 08/16/2018 | — | Goldman Sachs | Upgrades | Neutral → Buy | |
| 05/18/2018 | — | HSBC | Upgrades | Hold → Buy |
Ultrapar Participacoes Questions & Answers
The latest price target for Ultrapar Participacoes (NYSE: UGP) was reported by Goldman Sachs on August 24, 2022. The analyst firm set a price target for $3.60 expecting UGP to rise to within 12 months (a possible 31.87% 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 buy rating.
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 August 24, 2022 so you should expect the next rating to be made available sometime around August 24, 2023.
While ratings are subjective and will change, the latest Ultrapar Participacoes (UGP) rating was a maintained with a price target of $3.10 to $3.60. The current price Ultrapar Participacoes (UGP) is trading at is $2.73, which is out of the analyst's predicted range.