Transportadora De Gas Sa Ord B (NYSE:TGS) has earned an average broker rating score of 2.50 (Hold) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus price objective of $26.00 for the company and are expecting that the company will post $0.27 EPS for the current quarter, according to Zacks. Zacks has also assigned Transportadora De Gas Sa Ord B an industry rank of 179 out of 265 based on the ratings given to its competitors.
Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded Transportadora De Gas Sa Ord B from a “hold” rating to a “strong-buy” rating and set a $27.00 price target on the stock in a report on Wednesday. Santander cut Transportadora De Gas Sa Ord B from a “hold” rating to an “underweight” rating in a report on Friday, December 15th. Finally, Morgan Stanley assumed coverage on Transportadora De Gas Sa Ord B in a report on Tuesday, September 19th. They issued an “overweight” rating and a $25.00 price target on the stock.
A number of institutional investors have recently bought and sold shares of TGS. PointState Capital LP boosted its holdings in Transportadora De Gas Sa Ord B by 23.2% in the second quarter. PointState Capital LP now owns 3,731,715 shares of the energy company’s stock valued at $61,984,000 after acquiring an additional 703,819 shares during the last quarter. Schroder Investment Management Group acquired a new position in Transportadora De Gas Sa Ord B in the third quarter valued at about $11,621,000. Fiera Capital Corp acquired a new position in Transportadora De Gas Sa Ord B in the second quarter valued at about $7,945,000. JPMorgan Chase & Co. acquired a new position in Transportadora De Gas Sa Ord B in the third quarter valued at about $5,641,000. Finally, Wasatch Advisors Inc. lifted its stake in Transportadora De Gas Sa Ord B by 35.8% in the second quarter. Wasatch Advisors Inc. now owns 952,094 shares of the energy company’s stock valued at $15,814,000 after buying an additional 251,215 shares during the period. Institutional investors and hedge funds own 8.89% of the company’s stock.
Shares of Transportadora De Gas Sa Ord B (NYSE TGS) opened at $22.50 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.49 and a current ratio of 1.55. The company has a market capitalization of $3,637.20, a price-to-earnings ratio of 24.73 and a beta of 1.11. Transportadora De Gas Sa Ord B has a 1-year low of $8.68 and a 1-year high of $24.00.
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About Transportadora De Gas Sa Ord B
Transportadora de Gas del Sur SA is engaged in the transportation of natural gas and production and commercialization of natural gas liquids (Liquids). The Company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications.
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