The stock of Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) is a huge mover today! About 407,129 shares traded hands or 126.88% up from the average. Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) has risen 9.35% since March 2, 2016 and is uptrending. It has outperformed by 1.09% the S&P500.
The move comes after 8 months positive chart setup for the $569.25 million company. It was reported on Oct, 5 by Barchart.com. We have $11.84 PT which if reached, will make NYSE:TGS worth $381.40 million more.
Analysts await Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) to report earnings on October, 25.
Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) Ratings Coverage
Out of 2 analysts covering Transportadora de Gas Del Sur S.A. (NYSE:TGS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. Transportadora de Gas Del Sur S.A. has been the topic of 2 analyst reports since October 8, 2015 according to StockzIntelligence Inc. Santander initiated Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) rating on Thursday, October 8. Santander has “Hold” rating and $5.10 price target. Raymond James upgraded Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) on Tuesday, April 5 to “Outperform” rating.
According to Zacks Investment Research, “Transportadora de Gas del Sur, S.A. transports natural gas in Argentina. The Company’s pipeline systems connect major gas fields in southern and western Argentina with distributors of gas in those areas and in the greater Buenos Aires area. Transportadora’s service area contains approximately 4.7 million end users, including approximately 2.7 milliom in the greater Buenos Aires area.”
More notable recent Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) news were published by: Quotes.Wsj.com which released: “DOW JONES, A NEWS CORP COMPANY” on February 13, 2011, also Fool.com with their article: “Is It Time to Buy Argentine ADRs?” published on February 05, 2014, Investorplace.com published: “13 Oil and Gas Stocks to Buy Now” on February 06, 2015. More interesting news about Transportadora de Gas del Sur SA (ADR) (NYSE:TGS) were released by: Marketwatch.com and their article: “/quotes/zigman/3870025/realtime” published on November 20, 2013 as well as Marketwatch.com‘s news article titled: “Plus the latest data from Realtor.com on 21 home markets across the US” with publication date: December 21, 2009.
TGS Company Profile
Transportadora de Gas del Sur S.A. (TGS), incorporated on December 1, 1992, is engaged in the transportation of natural gas, and production and commercialization of natural gas liquids (Liquids). The Firm operates through four divisions: Natural Gas Transportation Services, Liquids Production and Commercialization, Other Services and Telecommunications. The Company’s pipeline system connects natural gas fields in southern and western Argentina with natural gas distributors and industries in those areas and in the greater Buenos Aires area. TGS also provides midstream services, which consist of gas treatment, removal of impurities from the natural gas stream, gas compression, wellhead gas gathering and pipeline construction, operation and maintenance services. The Firm also provides telecommunications services through the subsidiary Telcosur S.A. (Telcosur). These services consist of data transmission services through a network of terrestrial and digital radio relay.
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