Ferrellgas Partners (NYSE:FGP) Upgraded to “Buy” by ValuEngine
Separately, Zacks Investment Research upgraded Ferrellgas Partners from a hold rating to a strong-buy rating and set a $1.00 target price on the stock in a report on Monday, August 19th.
FGP opened at $0.98 on Monday. Ferrellgas Partners has a 52-week low of $0.53 and a 52-week high of $2.91. The firm has a market capitalization of $100.07 million, a PE ratio of -2.28 and a beta of 2.52. The business’s 50-day simple moving average is $0.79 and its 200 day simple moving average is $1.07.
About Ferrellgas Partners
Ferrellgas Partners, L.P. distributes and sells propane and related equipment and supplies. The company transports propane to propane distribution locations, tanks on customers' premises, or to portable propane tanks delivered to retailers. It conducts its portable tank exchange operations under the Blue Rhino brand name through a network of independent and partnership-owned distribution outlets.
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To view ValuEngine’s full report, visit ValuEngine’s official website.
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