.jpg "Amerigas Partners LP (NYSE: APU)")
Barclays analyst Christine Cho, CFA maintained a Sell rating on Amerigas Partners LP (APU) on July 16 and set a price target of $34. The company’s shares closed yesterday at $34.44.
According to TipRanks.com, CFA is a 2-star analyst with an average return of 0.1% and a 48.0% success rate. CFA covers the Basic Materials sector, focusing on stocks such as Antero Midstream Corporation, Cheniere Energy Partners LP, and Dcp Midstream Partners Lp.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Amerigas Partners LP with a $34.50 average price target.
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Based on Amerigas Partners LP’s latest earnings release for the quarter ending March 31, the company reported a quarterly net profit of $148 million. In comparison, last year the company had a GAAP net loss of $84.98 million.
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AmeriGas Partners LP is a holding company, which engages in the distribution of propane and related equipment and supplies. Its products serve the residential, commercial, industrial, agricultural, and motor fuel propane customers. The company was founded on November 2, 1994 and is headquartered in King of Prussia, PA.
