In a report released on January 25, Frank McGann from Bank of America Securities reiterated a Hold rating on Pampa Energia SA (PAM – Research Report), with a price target of $35.00. The company’s shares closed last Friday at $33.76.
According to TipRanks, McGann is an analyst with an average return of -11.1% and a 44.44% success rate.
Pampa Energia SA has an analyst consensus of Hold, with a price target consensus of $34.50, representing a 2.19% upside. In a report released on January 12, Morgan Stanley also downgraded the stock to a Hold with a $34.00 price target.
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The company has a one-year high of $36.87 and a one-year low of $18.71. Currently, Pampa Energia SA has an average volume of 168.5K.
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Pampa Energía SA engages in the generation, transmission, and distribution of electricity. It operates through the following segments: Power Generation, Electricity Distribution, Oil and Gas, Refining and Distribution, Petrochemicals, and Holding and others. It also involves in the transportation of natural gas and processing of natural gas liquids. The company was founded on February 21, 1945 and is headquartered in Buenos Aires, Argentina.
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