United Parcel (NYSE:UPS) Hold Rating Reaffirmed Today By BMO Capital; The Price Target is $128.0

January 15, 2018 - By marketbeat

 United Parcel (NYSE:UPS) Hold Rating Reaffirmed Today By BMO Capital; The Price Target is $128.0

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold United Parcel Service, Inc. shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported.

Moreover, State Of New Jersey Common Pension Fund D has 0.38% invested in United Parcel Service, Inc. (NYSE:UPS) for 800,000 shares. Shufro Rose Ltd Limited Liability Company reported 3,459 shares. Manufacturers Life Insur The invested in 1.78 million shares. American National Ins Tx reported 98,700 shares. Ionic Cap Lc has invested 0.08% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Clifford Swan Inv Counsel Ltd Co reported 3.26% in United Parcel Service, Inc. (NYSE:UPS). 1832 Asset Mngmt Lp reported 1.47M shares or 0.6% of all its holdings. Reliance Trust Of Delaware holds 0.37% in United Parcel Service, Inc. (NYSE:UPS) or 20,327 shares. Harvey Cap Mngmt Incorporated holds 2,500 shares. Country Club Tru Na accumulated 3,707 shares or 0.06% of the stock. Wealthfront has invested 0.03% in United Parcel Service, Inc. (NYSE:UPS). Bessemer Grp Inc owns 29,754 shares or 0.01% of their US portfolio. Mairs Pwr has invested 1.74% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Nelson Van Denburg And Campbell Wealth Management Grp Ltd Liability Company owns 64 shares. 6,945 are owned by Eqis Capital Mngmt Inc.

Since August 22, 2017, it had 0 insider purchases, and 1 sale for $2.02 million activity.

United Parcel (NYSE:UPS) Rating Reaffirmed

In an analyst note issued to clients and investors on 26 October, The Hold rating of United Parcel (NYSE:UPS) shares was kept at BMO Capital, who now has a $128.0 TP on the stock. BMO Capital’s TP would suggest a possible downside of -4.54 % from the current stock price of the company.

Investors sentiment increased to 1.14 in Q3 2017. Its up 0.09, from 1.05 in 2017Q2. It improved, as 46 investors sold United Parcel Service, Inc. shares while 390 reduced holdings. 104 funds opened positions while 395 raised stakes. 451.38 million shares or 0.77% more from 447.95 million shares in 2017Q2 were reported.

Moreover, State Of New Jersey Common Pension Fund D has 0.38% invested in United Parcel Service, Inc. (NYSE:UPS) for 800,000 shares. Shufro Rose Ltd Limited Liability Company reported 3,459 shares. Manufacturers Life Insur The invested in 1.78 million shares. American National Ins Tx reported 98,700 shares. Ionic Cap Lc has invested 0.08% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Clifford Swan Inv Counsel Ltd Co reported 3.26% in United Parcel Service, Inc. (NYSE:UPS). 1832 Asset Mngmt Lp reported 1.47M shares or 0.6% of all its holdings. Reliance Trust Of Delaware holds 0.37% in United Parcel Service, Inc. (NYSE:UPS) or 20,327 shares. Harvey Cap Mngmt Incorporated holds 2,500 shares. Country Club Tru Na accumulated 3,707 shares or 0.06% of the stock. Wealthfront has invested 0.03% in United Parcel Service, Inc. (NYSE:UPS). Bessemer Grp Inc owns 29,754 shares or 0.01% of their US portfolio. Mairs Pwr has invested 1.74% of its portfolio in United Parcel Service, Inc. (NYSE:UPS). Nelson Van Denburg And Campbell Wealth Management Grp Ltd Liability Company owns 64 shares. 6,945 are owned by Eqis Capital Mngmt Inc.

Since August 22, 2017, it had 0 insider purchases, and 1 sale for $2.02 million activity.

United Parcel Service, Inc. (NYSE:UPS) Ratings Coverage

Among 21 analysts covering United Parcel Service (NYSE:UPS), 8 have Buy rating, 1 Sell and 12 Hold. Therefore 38% are positive. United Parcel Service has $148 highest and $79.0 lowest target. $121.80’s average target is -9.17% below currents $134.09 stock price. United Parcel Service had 55 analyst reports since July 29, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Monday, October 23 by Cowen & Co. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Hold” rating by BMO Capital Markets on Thursday, June 1. The firm has “Hold” rating by BMO Capital Markets given on Wednesday, July 5. The rating was upgraded by Aegis Capital to “Buy” on Wednesday, February 8. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Outperform” rating by Oppenheimer on Wednesday, February 3. Robert W. Baird maintained United Parcel Service, Inc. (NYSE:UPS) rating on Friday, October 27. Robert W. Baird has “Hold” rating and $128.0 target. The stock of United Parcel Service, Inc. (NYSE:UPS) earned “Hold” rating by Robert W. Baird on Friday, September 29. The firm has “Market Perform” rating by BMO Capital Markets given on Wednesday, February 1. Stifel Nicolaus maintained it with “Hold” rating and $10300 target in Thursday, July 27 report. The firm has “Neutral” rating by UBS given on Friday, October 27.

The stock increased 0.47% or $0.63 during the last trading session, reaching $134.09. About 4.21 million shares traded or 42.07% up from the average. United Parcel Service, Inc. (NYSE:UPS) has risen 2.10% since January 15, 2017 and is uptrending. It has underperformed by 14.60% the S&P500.

Analysts await United Parcel Service, Inc. (NYSE:UPS) to report earnings on January, 30. They expect $1.67 earnings per share, up 2.45 % or $0.04 from last year’s $1.63 per share. UPS’s profit will be $1.44 billion for 20.07 P/E if the $1.67 EPS becomes a reality. After $1.45 actual earnings per share reported by United Parcel Service, Inc. for the previous quarter, Wall Street now forecasts 15.17 % EPS growth.

United Parcel Service, Inc., a package delivery company, provides transportation, logistics, and financial services in the United States and internationally. The company has market cap of $115.55 billion. It operates in three divisions: U.S. It has a 33.01 P/E ratio. Domestic Package, International Package, and Supply Chain & Freight.

More notable recent United Parcel Service, Inc. (NYSE:UPS) news were published by: Bizjournals.com which released: “Mechanics to McConnell: UPS execs got raises, but we didn’t” on January 11, 2018, also Usnews.com with their article: “UPS Bets Big on the Tesla Semi” published on December 19, 2017, Seekingalpha.com published: “UPS office staff out on delivery” on December 25, 2017. More interesting news about United Parcel Service, Inc. (NYSE:UPS) were released by: Cnbc.com and their article: “Return to Santa: Consumers are sending more than a million packages a day back …” published on December 27, 2017 as well as Seekingalpha.com‘s news article titled: “UPS: If The Founders Were Alive Today” with publication date: January 01, 2018.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.