Ultrapar Participacoes SA has a consensus price target of $4.03, established from looking at the 11 latest analyst ratings. The last 3 analyst ratings were released from Goldman Sachs, Goldman Sachs, and Goldman Sachs on March 20, 2024, December 13, 2023, and November 13, 2023. With an average price target of $5.3 between Goldman Sachs, Goldman Sachs, and Goldman Sachs, there's an implied -9.25% downside for Ultrapar Participacoes SA from these 3 analyst ratings.
1calculated from analyst ratings published within the last 3 years
date | ticker | Buy Now | Company | Current price | Upside/Downside | Analyst Firm | Analyst & % Accurate | Price Target Change | Rating Change | Previous / Current Rating | Get Alert |
---|---|---|---|---|---|---|---|---|---|---|---|
03/20/2024 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | 2.74% | Goldman Sachs | Bruno Amorim | $5.3 → $6 | Maintains | Neutral | Get Alert |
12/13/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -9.25% | Goldman Sachs | Bruno Amorim | $4.6 → $5.3 | Maintains | Neutral | Get Alert |
11/13/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -21.23% | Goldman Sachs | Bruno Amorim | $4 → $4.6 | Maintains | Neutral | Get Alert |
09/21/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -43.49% | Jefferies | Alejandro Demichelis | → $3.3 | Initiates | → Underperform | Get Alert |
09/13/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -31.51% | Goldman Sachs | Bruno Amorim | $4.5 → $4 | Downgrade | Buy → Neutral | Get Alert |
06/23/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -34.93% | HSBC | Lilyanna Yang | $3 → $3.8 | Downgrade | Buy → Hold | Get Alert |
05/30/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -31.51% | Goldman Sachs | Bruno Amorim | $3.4 → $4 | Maintains | Buy | Get Alert |
05/10/2023 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -41.78% | Goldman Sachs | Bruno Amorim | $3 → $3.4 | Maintains | Buy | Get Alert |
08/24/2022 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -38.36% | Goldman Sachs | Bruno Amorim | $3.1 → $3.6 | Maintains | Buy | Get Alert |
07/13/2022 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -46.92% | Goldman Sachs | Bruno Amorim | $3.5 → $3.1 | Maintains | Buy | Get Alert |
12/14/2021 | UGP | Buy Now | Ultrapar Participacoes | $5.84 | -48.63% | Santander | Christian Audi | — | Downgrade | Buy → Hold | Get Alert |
The latest price target for Ultrapar Participacoes (NYSE: UGP) was reported by Goldman Sachs on March 20, 2024. The analyst firm set a price target for $6.00 expecting UGP to rise to within 12 months (a possible 2.74% upside). 8 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.
There is no last upgrade for Ultrapar Participacoes.
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 March 20, 2024 so you should expect the next rating to be made available sometime around March 20, 2025.
While ratings are subjective and will change, the latest Ultrapar Participacoes (UGP) rating was a maintained with a price target of $5.30 to $6.00. The current price Ultrapar Participacoes (UGP) is trading at is $5.84, which is within the analyst’s predicted range.
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