Impact of Brokerage Rating on Ferrellgas Partners, L.P.(FGP)

Many Ferrellgas Partners, L.P.(FGP) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Company shares were Reiterated by UBS on Dec 12, 2016 to Sell, Raises Price Target to $ 6 from a previous price target of $5 .Ferrellgas Partners L.P. was Upgraded by RBC Capital Mkts on Dec 8, 2016 to Sector Perform, Lowers Price Target to $ 6 from a previous price target of $11 .Ferrellgas Partners L.P. was Upgraded by Citigroup to Buy on Dec 5, 2016. Ferrellgas Partners L.P. was Upgraded by Piper Jaffray to Neutral on Dec 5, 2016.

Company has reported several Insider transactions to the SEC, on Dec 28, 2016, Pamela A Breuckmann (director) purchased 2,045 shares at 6.53 per share price.On Oct 7, 2016, Stephen M Clifford (director) purchased 4,000 shares at 10.84 per share price.On Oct 5, 2016, David L Starling (director) purchased 10,300 shares at 9.50 per share price.

Ferrellgas Partners L.P. Last issued its quarterly earnings results on Dec 9, 2016. The company reported $-0.44 EPS for the quarter, beating the analyst consensus estimate by $ 0.08. Analyst had a consensus of $-0.52. The company had revenue of $379.50 million for the quarter, compared to analysts expectations of $346.08 million. The companys revenue was down -19.4 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $-0.79 EPS.

Ferrellgas Partners, L.P. (NYSE:FGP) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 4.17 by 6 Brokerage Firm. 2 Brokerage Firms have advised hold. 3 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.

Ferrellgas Partners, L.P. (NYSE:FGP): The mean short term price target for Ferrellgas Partners, L.P. (NYSE:FGP) has been established at $7.25 per share. The higher price target estimate is at $11 and the lower price target estimate is expected at $6 according to 4 Analyst. The stock price is expected to vary based on the estimate which is suggested by the standard deviation value of $2.5

Ferrellgas Partners, L.P. (NYSE:FGP) rose 1.38% or 0.09 points on Tuesday and made its way into the gainers of the day. After trading began at $6.55 the stock was seen hitting $6.6595 as a peak level and $6.5 as the lowest level. The stock ended up at $6.6. The daily volume was measured at 609,776 shares. The 52-week high of the share price is $20.85 and the 52-week low is $5.04. The company has a market cap of $641 million.

FERRELLGAS PARTNERS, L.P. is engaged in the sale, distribution, marketing and trading of propane and other natural gas liquids.

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