In a report released today, Patrick Brown from Raymond James maintained a Buy rating on United Parcel (UPS – Research Report), with a price target of $205.00. The company’s shares closed yesterday at $163.66.
According to TipRanks, Brown is a top 100 analyst with an average return of 15.1% and a 68.27% success rate. Brown covers the Industrial Goods sector, focusing on stocks such as XPO Logistics, Forward Air, and Old Dominion Freight.
United Parcel has an analyst consensus of Moderate Buy, with a price target consensus of $193.25, which is a 18.08% upside from current levels. In a report released yesterday, KeyBanc also maintained a Buy rating on the stock with a $200.00 price target.
See today’s best-performing stocks on TipRanks >>
The company has a one-year high of $228.35 and a one-year low of $154.87. Currently, United Parcel has an average volume of 2.86M.
Based on the recent corporate insider activity of 47 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: