Pampa Energia (PAM) Rating Lowered to Sell at ValuEngine

ValuEngine lowered shares of Pampa Energia (NYSE:PAM) from a hold rating to a sell rating in a research report sent to investors on Tuesday morning, ValuEngine reports.

Separately, Zacks Investment Research raised shares of Pampa Energia from a strong sell rating to a hold rating in a research report on Wednesday, January 16th. Two analysts have rated the stock with a sell rating and four have given a buy rating to the stock. Pampa Energia currently has an average rating of Hold and a consensus target price of $42.50.

PAM stock opened at $22.72 on Tuesday. The company has a quick ratio of 1.17, a current ratio of 1.34 and a debt-to-equity ratio of 0.97. The company has a market capitalization of $1.69 billion, a price-to-earnings ratio of -14.85 and a beta of 0.60. Pampa Energia has a 12 month low of $19.50 and a 12 month high of $55.59.



Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Victory Capital Management Inc. bought a new stake in shares of Pampa Energia during the 4th quarter worth $69,000. Parametric Portfolio Associates LLC boosted its holdings in shares of Pampa Energia by 1.0% during the 1st quarter. Parametric Portfolio Associates LLC now owns 221,313 shares of the utilities provider’s stock worth $6,102,000 after buying an additional 2,200 shares during the period. NumerixS Investment Technologies Inc bought a new stake in shares of Pampa Energia during the 4th quarter worth $106,000. Barclays PLC bought a new stake in shares of Pampa Energia during the 4th quarter worth $124,000. Finally, LSV Asset Management boosted its holdings in shares of Pampa Energia by 28.8% during the 4th quarter. LSV Asset Management now owns 20,581 shares of the utilities provider’s stock worth $654,000 after buying an additional 4,600 shares during the period. 35.74% of the stock is owned by institutional investors and hedge funds.

About Pampa Energia

Pampa Energía SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.

Further Reading: Trading signals using Bollinger bands

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Pampa Energia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pampa Energia and related companies with MarketBeat.com's FREE daily email newsletter.