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ValuEngine upgraded Ferrellgas Partners, L.P. (NYSE:FGP) to Sell in a report released today.

ValuEngine has upgraded Ferrellgas Partners, L.P. (NYSE:FGP) to Sell in a report released on 07/07/2017.

Just yesterday Ferrellgas Partners, L.P. (NYSE:FGP) traded 2.11% higher at $4.48. Ferrellgas Partners, L.P.’s 50-day moving average is $4.58 and its 200-day moving average is $5.70. The last stock price is down -14.89% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.05% over the same time period. 328,594 shares of FGP traded hands, up from an average trading volume of 321,002

Recent Performance Chart

Ferrellgas Partners, L.P. (NYSE:FGP)

Ferrellgas Partners, L.P. has 52 week low of $4.22 and a 52 week high of $20.55 and has a market capitalization of $0.

In addition to ValuEngine reporting its stock price target, a total of 6 brokerages have issued a research note on the company. The average stock price target is $16.25 with 0 brokerages rating the stock a strong buy, 0 brokerages rating the stock a buy, 5 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On Ferrellgas Partners, L.P. (NYSE:FGP)

Ferrellgas Partners, L.P. is engaged in the retail distribution of propane and related equipment sales, and midstream operations, which include crude oil logistics. The Company's segments include propane and related equipment sales, midstream operations-crude oil logistics, and corporate and other. The propane and related equipment sales segment consists of the distribution of propane and related equipment and supplies. The midstream operations-crude oil logistics segment is engaged in providing crude oil transportation and logistics services. The corporate and other segment includes midstream operations-water solutions. The Company's two subsidiaries include Ferrellgas Partners Finance Corp. and the operating partnership. Its general partner performs all management functions for the Company and holds general partner interest in Ferrellgas Partners and the operating partnership. It is a distributor of propane and related equipment and supplies to customers in the United States.

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