Zacks: Analysts Set $25.00 Target Price for Transportadora De Gas Sa Ord B (TGS)

Shares of Transportadora De Gas Sa Ord B (NYSE:TGS) have been assigned a consensus broker rating score of 2.50 (Hold) from the one brokers that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Analysts have set a 1 year consensus target price of $25.00 for the company and are expecting that the company will post $0.23 earnings per share for the current quarter, according to Zacks. Zacks has also given Transportadora De Gas Sa Ord B an industry rank of 115 out of 265 based on the ratings given to related companies.

TGS has been the subject of a number of research analyst reports. Morgan Stanley initiated coverage on Transportadora De Gas Sa Ord B in a research report on Tuesday, September 19th. They issued an “overweight” rating and a $25.00 price target for the company. BidaskClub cut Transportadora De Gas Sa Ord B from a “hold” rating to a “sell” rating in a research report on Monday, August 14th.

Transportadora De Gas Sa Ord B (TGS) opened at $21.82 on Friday. Transportadora De Gas Sa Ord B has a 52-week low of $8.04 and a 52-week high of $22.17. The firm has a market capitalization of $3,390.91, a price-to-earnings ratio of 23.20 and a beta of 1.11. The company has a debt-to-equity ratio of 0.68, a current ratio of 1.55 and a quick ratio of 1.49.

Several hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd purchased a new stake in Transportadora De Gas Sa Ord B during the 2nd quarter worth about $183,000. Sumitomo Mitsui Trust Holdings Inc. purchased a new stake in Transportadora De Gas Sa Ord B during the 3rd quarter worth about $237,000. Invictus RG purchased a new stake in Transportadora De Gas Sa Ord B during the 3rd quarter worth about $254,000. Advisor Group Inc. increased its position in Transportadora De Gas Sa Ord B by 304.2% during the 3rd quarter. Advisor Group Inc. now owns 13,658 shares of the energy company’s stock worth $277,000 after purchasing an additional 10,279 shares in the last quarter. Finally, Airain ltd purchased a new stake in Transportadora De Gas Sa Ord B during the 2nd quarter worth about $316,000. Institutional investors and hedge funds own 8.91% of the company’s stock.

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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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