Scotiabank starts coverage of UGI stock with Sector Outperform

Published on 10/05/2026 at 02:59 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Scotiabank set a USD 46 target on September 29, 2026. The USD 0.20 adjusted loss sets the earnings benchmark for UGI stock this quarter.

UGI, US9026811052, Illustration mit AI erstellt.

UGI Corporation (US9026811052) gained a new analyst benchmark when Scotiabank initiated coverage with a Sector Outperform rating and a USD 46 price target on September 29, 2026, as reported by Yahoo Finance. The call gives the stock a concrete valuation reference while the latest quarterly figures point to execution pressure.

Analyst target meets weaker quarter

UGI reported an adjusted loss of USD 0.20 per share in the third quarter, compared with a consensus loss of USD 0.08, while revenue reached USD 1.33 billion against an expected USD 1.50 billion, according to MarketBeat. The revenue shortfall was USD 0.17 billion, or 10.97 percent below the consensus figure, making the next reporting cycle important for testing the new analyst view.

The same report said UGI declared a quarterly dividend of USD 0.375 per share, equal to USD 1.50 on an annualized basis and a 4.10 percent yield. That income profile contrasts with the quarterly earnings miss and gives investors two separate figures to weigh.

NYSE range leaves room for debate

StockAnalysis identifies UGI as a NYSE-listed utilities company with natural gas distribution as its regulated-gas industry and confirms the ISIN. The company operates across utilities, midstream and marketing, international operations, and AmeriGas Propane.

On the NYSE, UGI was last at USD 37.20 on October 2, 2026 at 4:00 p.m. ET. Its USD 31.62 to USD 41.34 52-week range places the USD 46 Scotiabank target above the recent trading range, while the company had a USD 8.0 billion market capitalization on the same date.

November report sets next checkpoint

UGI's next earnings date is November 19, 2026, according to Makkler. That report will show whether the company can narrow the gap between the USD 0.20 adjusted loss and the USD 0.08 consensus benchmark while supporting the dividend.