Zacks: Transportadora de Gas del Sur SA ADR (TGS) Given $20.50 Average Price Target by Brokerages

Transportadora de Gas del Sur SA ADR (NYSE:TGS) has received a consensus broker rating score of 3.00 (Hold) from the one analysts that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Brokerages have set a 12 month consensus price objective of $20.50 for the company and are expecting that the company will post $0.24 EPS for the current quarter, according to Zacks. Zacks has also assigned Transportadora de Gas del Sur an industry rank of 79 out of 255 based on the ratings given to its competitors.

A number of equities analysts have weighed in on TGS shares. Santander upgraded shares of Transportadora de Gas del Sur from a “hold” rating to a “buy” rating in a report on Tuesday, February 26th. Zacks Investment Research upgraded shares of Transportadora de Gas del Sur from a “hold” rating to a “strong-buy” rating and set a $16.00 target price on the stock in a report on Thursday, November 29th. Finally, TheStreet upgraded shares of Transportadora de Gas del Sur from a “c+” rating to a “b-” rating in a report on Wednesday, February 13th.



Shares of TGS traded up $0.06 during mid-day trading on Friday, reaching $14.16. The company had a trading volume of 89,247 shares, compared to its average volume of 216,119. The firm has a market cap of $2.21 billion, a PE ratio of 7.26 and a beta of 0.93. Transportadora de Gas del Sur has a fifty-two week low of $10.72 and a fifty-two week high of $21.42. The company has a quick ratio of 3.19, a current ratio of 3.24 and a debt-to-equity ratio of 0.65.

Several large investors have recently bought and sold shares of the stock. Oaktree Capital Management LP lifted its holdings in shares of Transportadora de Gas del Sur by 57.2% during the 4th quarter. Oaktree Capital Management LP now owns 503,000 shares of the energy company’s stock valued at $7,545,000 after acquiring an additional 183,000 shares in the last quarter. Millennium Management LLC lifted its holdings in shares of Transportadora de Gas del Sur by 60.2% during the 4th quarter. Millennium Management LLC now owns 200,644 shares of the energy company’s stock valued at $3,010,000 after acquiring an additional 75,410 shares in the last quarter. Legal & General Group Plc lifted its holdings in shares of Transportadora de Gas del Sur by 214.6% during the 4th quarter. Legal & General Group Plc now owns 57,931 shares of the energy company’s stock valued at $868,000 after acquiring an additional 39,519 shares in the last quarter. Amundi Pioneer Asset Management Inc. acquired a new position in shares of Transportadora de Gas del Sur during the 4th quarter valued at $3,820,000. Finally, Susquehanna Fundamental Investments LLC lifted its holdings in shares of Transportadora de Gas del Sur by 214.9% during the 4th quarter. Susquehanna Fundamental Investments LLC now owns 31,808 shares of the energy company’s stock valued at $477,000 after acquiring an additional 21,708 shares in the last quarter. Institutional investors and hedge funds own 8.27% of the company’s stock.

Transportadora de Gas del Sur Company Profile

Transportadora de Gas del Sur SA provides natural gas transportation and distribution services in Argentina. The company operates through four segments: Natural Gas Transportation, Liquids Production and Commercialization, Other Services, and Telecommunications. The Natural Gas Transportation segment transports natural gas through 5,706 miles of pipeline system to distribution companies, power plants, and industrial customers.

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