Top25-SA-Banner

United Parcel (UPS) Gets a Sell Rating from Morgan Stanley


In a report released today, Ravi Shanker from Morgan Stanley maintained a Sell rating on United Parcel (NYSE: UPS), with a price target of $93. The company’s shares opened today at $118.26.

According to TipRanks.com, Shanker is a 3-star analyst with an average return of 3.2% and a 57.3% success rate. Shanker covers the Services sector, focusing on stocks such as Kansas City Southern, Old Dominion Freight, and ArcBest Corporation.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for United Parcel with a $128.47 average price target.

See today’s analyst top recommended stocks >>

Based on United Parcel’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $17.48 billion and net profit of $1.49 billion. In comparison, last year the company earned revenue of $15.98 billion and had a net profit of $1.26 billion.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.

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.