Bernstein Sticks to Its Buy Rating for United Parcel (UPS)

Bernstein analyst Alex Irving maintained a Buy rating on United Parcel (UPSResearch Report) today and set a price target of $272.00. The company’s shares closed last Friday at $205.61.

According to TipRanks.com, Irving is ranked #6539 out of 7793 analysts.

Currently, the analyst consensus on United Parcel is a Moderate Buy with an average price target of $241.35.

See the top stocks recommended by analysts >>

Based on United Parcel’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $27.77 billion and net profit of $3.09 billion. In comparison, last year the company earned revenue of $24.9 billion and had a GAAP net loss of $3.35 billion.

Based on the recent corporate insider activity of 42 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.

Read More on UPS:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More