Shares of IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) have been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the company, Zacks Investment Research reports. One analyst has rated the stock with a strong buy recommendation.

Brokers have set a 1-year consensus target price of $30.00 for the company, according to Zacks. Zacks has also assigned IRSA Inversiones Y Representaciones an industry rank of 45 out of 265 based on the ratings given to its competitors.

Separately, BidaskClub raised shares of IRSA Inversiones Y Representaciones from a “sell” rating to a “hold” rating in a report on Sunday, August 6th.

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Several institutional investors and hedge funds have recently bought and sold shares of IRS. Tricadia Capital Management LLC grew its holdings in shares of IRSA Inversiones Y Representaciones by 7.7% in the 2nd quarter. Tricadia Capital Management LLC now owns 631,469 shares of the financial services provider’s stock worth $15,231,000 after purchasing an additional 45,300 shares during the last quarter. Dorsey Wright & Associates lifted its position in IRSA Inversiones Y Representaciones by 51.5% during the 2nd quarter. Dorsey Wright & Associates now owns 117,683 shares of the financial services provider’s stock worth $1,210,000 after buying an additional 40,012 shares in the last quarter. Macquarie Group Ltd. lifted its position in IRSA Inversiones Y Representaciones by 1.7% during the 2nd quarter. Macquarie Group Ltd. now owns 2,075,613 shares of the financial services provider’s stock worth $50,066,000 after buying an additional 34,980 shares in the last quarter. Parametric Portfolio Associates LLC lifted its position in IRSA Inversiones Y Representaciones by 41.3% during the 1st quarter. Parametric Portfolio Associates LLC now owns 94,815 shares of the financial services provider’s stock worth $2,324,000 after buying an additional 27,700 shares in the last quarter. Finally, Global X Management Co. LLC lifted its position in IRSA Inversiones Y Representaciones by 19.2% during the 2nd quarter. Global X Management Co. LLC now owns 130,176 shares of the financial services provider’s stock worth $3,140,000 after buying an additional 21,010 shares in the last quarter. 20.11% of the stock is currently owned by institutional investors and hedge funds.

Shares of IRSA Inversiones Y Representaciones (NYSE:IRS) opened at 26.99 on Tuesday. IRSA Inversiones Y Representaciones has a 12 month low of $16.13 and a 12 month high of $27.86. The company has a market capitalization of $1.55 billion, a P/E ratio of 8.91 and a beta of 2.04. The company has a 50-day moving average of $24.82 and a 200 day moving average of $24.39.

IRSA Inversiones Y Representaciones Company Profile

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