In a report released today, Brandon Oglenski from Barclays maintained a Hold rating on United Parcel (UPS – Research Report), with a price target of $205.00. The company’s shares closed last Wednesday at $197.52.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 8.5% and a 59.3% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian National Railway, and Allegiant Travel Company.
Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $213.93, representing a 9.5% upside. In a report issued on April 15, Citigroup also maintained a Hold rating on the stock with a $200.00 price target.
United Parcel’s market cap is currently $168.8B and has a P/E ratio of -216.90. The company has a Price to Book ratio of -31.22.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of UPS in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Founded in 1907, Georgia-based United Parcel Service, Inc. is the world’s largest package delivery company and a leading provider of global supply chain management solutions. The company also operates one of the largest airlines in the world and has the world’s largest fleet of alternative-powered vehicles. The company operates through three segments: U.S. Domestic Package, International Package, and Supply Chain and Freight.