Transportadora de Gas del Sur SA (TGS) Receives Average Rating of “Hold” from Brokerages

Shares of Transportadora de Gas del Sur SA (NYSE:TGS) have been given an average broker rating score of 2.50 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold recommendation.

Brokerages have set a one year consensus price target of $26.00 for the company and are expecting that the company will post $0.27 earnings per share for the current quarter, according to Zacks. Zacks has also given Transportadora de Gas del Sur an industry rank of 224 out of 265 based on the ratings given to related companies.

A number of research firms have recently weighed in on TGS. Santander raised shares of Transportadora de Gas del Sur from an “underweight” rating to a “hold” rating in a research report on Wednesday, January 17th. Zacks Investment Research raised shares of Transportadora de Gas del Sur from a “hold” rating to a “strong-buy” rating and set a $27.00 price objective for the company in a research report on Wednesday, December 27th.

Large investors have recently bought and sold shares of the company. Susquehanna International Group LLP acquired a new position in Transportadora de Gas del Sur during the third quarter worth approximately $477,000. Invictus RG acquired a new position in Transportadora de Gas del Sur during the third quarter worth approximately $254,000. Wells Fargo & Company MN increased its position in Transportadora de Gas del Sur by 21.1% during the third quarter. Wells Fargo & Company MN now owns 488,044 shares of the energy company’s stock worth $9,912,000 after purchasing an additional 85,093 shares during the last quarter. Schroder Investment Management Group acquired a new position in Transportadora de Gas del Sur during the third quarter worth approximately $11,621,000. Finally, JPMorgan Chase & Co. acquired a new position in Transportadora de Gas del Sur during the third quarter worth approximately $5,641,000. 8.58% of the stock is owned by institutional investors and hedge funds.

Transportadora de Gas del Sur (NYSE TGS) traded up $0.04 during trading hours on Friday, hitting $23.44. 221,145 shares of the stock were exchanged, compared to its average volume of 187,731. The company has a current ratio of 1.55, a quick ratio of 1.49 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $3,718.24, a price-to-earnings ratio of 25.76 and a beta of 1.13. Transportadora de Gas del Sur has a twelve month low of $9.72 and a twelve month high of $24.22.

Transportadora de Gas del Sur (NYSE:TGS) last posted its quarterly earnings data on Tuesday, November 7th. The energy company reported $0.19 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.03. Transportadora de Gas del Sur had a net margin of 21.43% and a return on equity of 66.26%. equities analysts expect that Transportadora de Gas del Sur will post 0.98 earnings per share for the current year.

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About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA is engaged in the transportation of natural gas and production and commercialization of natural gas liquids (Liquids). The Company operates through four segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications.

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