X
<

Did Ferrellgas Partners’ Fiscal 2Q17 Results Restore Optimism?

PART:
1 2 3
Part 3
Did Ferrellgas Partners’ Fiscal 2Q17 Results Restore Optimism? PART 3 OF 3

Wall Street Analysts Don’t See an Upside for Ferrellgas Partners

Analyst recommendations

Of the analysts surveyed by Reuters, 57% rated Ferrellgas Partners (FGP) a “sell,” 29% rated it a “hold,” and 14% rated it a “buy.” The average target price for FGP is $6.40, which is close to FGP’s current market price of $6.37. This means analysts don’t expect an upside for FGP stock from its current level.

Wall Street Analysts Don’t See an Upside for Ferrellgas Partners

Interested in APU? Don't miss the next report.

Receive e-mail alerts for new research on APU

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

The above chart shows changes in analyst recommendations for FGP over the last one year.

In comparison, ~20% of analysts recommended Suburban Propane Partners (SPH) as a “buy,” and ~70% recommended the company as a “hold.” Nearly 60% of the surveyed analysts rated AmeriGas Partners (APU) as a “hold.”

X

Please select a profession that best describes you: