AmeriGas Partners, L.P. Assigned BB+ Credit Rating by Morningstar (APU)
AmeriGas Partners, L.P. (NYSE:APU) has been given a “BB+” credit rating by analysts at Morningstar. The agency’s “BB+” rating suggests that the company is an above-average default risk. They also issued a positive credit outlook for the company and gave their stock a three star rating.
Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of AmeriGas Partners, L.P. in a research note on Tuesday, July 29th. They now have a $46.00 price target on the stock, up previously from $44.50. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $46.40.
Shares of AmeriGas Partners, L.P. (NYSE:APU) opened at 46.27 on Tuesday. AmeriGas Partners, L.P. has a 1-year low of $40.96 and a 1-year high of $48.36. The stock’s 50-day moving average is $45.48 and its 200-day moving average is $44.74. The company has a market cap of $4.297 billion and a P/E ratio of 18.69.
AmeriGas Partners, L.P. (NYSE:APU) last released its earnings data on Tuesday, July 29th. The company reported ($0.44) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.39) by $0.05. On average, analysts predict that AmeriGas Partners, L.P. will post $2.95 earnings per share for the current fiscal year.
AmeriGas Partners, L.P. (NYSE:APU) is a holding company.
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