Triple-S Management Corp. Upgraded by Zacks to Neutral (GTS)
Triple-S Management Corp. (NYSE:GTS) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research note issued to investors on Tuesday, American Banking & Market News reports. The firm currently has a $19.80 target price on the stock. Zacks‘ target price suggests a potential upside of 1.28% from the stock’s previous close.
Triple-S Management Corp. (NYSE:GTS) last posted its quarterly earnings results on Wednesday, November 6th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by $0.22. The company had revenue of $582.90 million for the quarter, compared to the consensus estimate of $585.30 million. During the same quarter in the previous year, the company posted $0.41 earnings per share. The company’s revenue for the quarter was down 1.6% on a year-over-year basis.
A number of other analysts have also recently weighed in on GTS. Analysts at Credit Suisse cut their price target on shares of Triple-S Management Corp. from $23.00 to $20.00 in a research note to investors on Thursday, November 7th. They now have a “neutral” rating on the stock. Analysts at Citigroup Inc. upgraded shares of Triple-S Management Corp. from a “neutral” rating to a “buy” rating in a research note to investors on Tuesday, October 22nd.
Triple-S Management Corporation (NYSE:GTS) is a managed care company in Puerto Rico, serving approximately 1,684,000 members across all regions.
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