Scotiabank upgrades UGI stock to Strong Buy

Published on 10/02/2026 at 21:19 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

UGI revenue was USD 1.33 billion versus USD 1.55 billion consensus. UGI stock costs EUR 33.05 on October 2, 2026 versus EUR 32.28.

UGI, US9026811052, Illustration mit AI erstellt.

UGI Corporation (US9026811052) was trading at EUR 33.05 at Lang & Schwarz on October 2, 2026 at 9:14 p.m. CEST, up 2.39 percent versus the prior close of EUR 32.28. According to MarketBeat on September 30, 2026, Scotiabank upgraded UGI to Strong Buy, giving the stock a fresh positive analyst signal.

Scotiabank raises the analyst bar

MarketBeat reported that Scotiabank moved UGI to Strong Buy, while the broader analyst average remained Moderate Buy with an average price target of USD 45.80. The same report cited five Buy ratings, one Hold and one Sell, showing that the upgrade strengthened an already favorable consensus rather than reversing a uniformly negative view.

The valuation gap is material but must be read in the stock's primary-market currency. UGI's latest structured quote was USD 37.19 on October 2, 2026, while the 52-week range was USD 31.62 to USD 41.34. The average target of USD 45.80 cited by MarketBeat stands above that quote, but it is an analyst figure, not a forecast made by this article.

Revenue weakness meets firm guidance

UGI's fiscal third quarter ended June 30, 2026, delivered revenue of USD 1.33 billion, compared with USD 1.39 billion in the year-ago quarter. Yahoo Finance reported that the quarter's adjusted loss was USD 0.20 per share, while the GAAP loss was USD 0.62 per share versus USD 0.76 a year earlier.

The earnings mix explains why the analyst upgrade does not erase operating risks. AmeriGas Propane revenue fell 14 percent year over year to USD 372 million, while UGI Utilities revenue rose 5 percent to USD 302 million, according to Yahoo Finance. UGI reaffirmed fiscal 2026 adjusted earnings per share guidance of USD 2.75-2.90, keeping the full-year outlook intact despite warmer weather and weaker propane volumes.

UGI stock gains 2.39 percent after hours

UGI stock was trading at EUR 33.05 at Lang & Schwarz on October 2, 2026 at 9:14 p.m. CEST, plus 2.39 percent against the Lang & Schwarz prior close of EUR 32.28. The finance snapshot put market capitalization at USD 8.0 billion. Makkler identifies UGI as a NYSE-listed company with the next earnings date set for November 19, 2026.