UBS AG Lowers TGS Nopec Geophysical Price Target to $155.00 (TGS)
Investment analysts at UBS AG reduced their target price on shares of TGS Nopec Geophysical (OL:TGS) from $195.00 to $155.00 in a note issued to investors on Friday, American Banking News reports. The firm currently has a “neutral” rating on the stock.
Shares of TGS Nopec Geophysical (OL:TGS) traded up 8.85% during mid-day trading on Friday, hitting $2.46. 494,983 shares of the company’s stock traded hands. TGS Nopec Geophysical has a 52-week low of $1.22 and a 52-week high of $2.30. The stock has a 50-day moving average of $2.06 and a 200-day moving average of $1.86. The company has a market cap of $390.9 million and a P/E ratio of 7.29.
Transportadora de Gas del Sur SA, (OL:TGS), is an Argentina-based company engaged in the exploitation, distribution and commercialization of natural gas.
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