Ultrapar Receives Average Moderate Buy Rating From Analysts
Analysts covering Ultrapar Participacoes set an average 12-month price target of $6.40. Goldman Sachs cut its objective to $5.80 and issued a neutral view, while UBS raised its target to $7.20 with a buy rating and Weiss upgraded the stock to buy. Shares are also set to pay a $0.1932 dividend per share; the forecast is 0.78 EPS for the year.