ValuEngine cut shares of Pampa Energia (NYSE:PAM) from a buy rating to a hold rating in a research note issued to investors on Friday morning.
Several other brokerages also recently commented on PAM. Morgan Stanley initiated coverage on Pampa Energia in a report on Tuesday, September 19th. They set an equal weight rating and a $69.00 target price on the stock. Zacks Investment Research downgraded Pampa Energia from a hold rating to a strong sell rating in a report on Tuesday, November 28th. One analyst has rated the stock with a sell rating, three have given a hold rating and one has given a buy rating to the stock. The stock has an average rating of Hold and an average target price of $72.00.
Shares of Pampa Energia (PAM) traded down $1.57 on Friday, reaching $62.20. The company’s stock had a trading volume of 164,800 shares, compared to its average volume of 294,092. The firm has a market cap of $4,684.54, a P/E ratio of 19.21 and a beta of 1.11. Pampa Energia has a 52-week low of $31.52 and a 52-week high of $71.39. The company has a debt-to-equity ratio of 1.81, a current ratio of 1.27 and a quick ratio of 1.11.
Pampa Energia Company Profile
Pampa Energia SA is an integrated electricity company. The Company, through its subsidiaries, is engaged in the generation, transmission and distribution of electricity in Argentina. Its segments include generation, transmission, distribution, oil and gas, and holding and others. Its generation segment includes a direct and indirect equity interest in Central Piedra Buena SA, Central Termica Guemes SA, Central Termica Loma de la Lata SA and Pampa Comercializadora S.A, among others, and investments in companies in the electricity generation sector.
To view ValuEngine’s full report, visit ValuEngine’s official website.
What are top analysts saying about Pampa Energia S.A.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Pampa Energia S.A. and related companies.