Transportadora de Gas del Sur Receives Strong-Buy Upgrade

On February 20, 2025, StockNews.com upgraded the shares of Transportadora de Gas del Sur (NYSE:TGS) from a buy rating to a strong-buy rating, as indicated in their latest report.

Additionally, Citigroup initiated coverage on Transportadora de Gas del Sur on February 12, 2025, assigning a "buy" rating along with a price target of $35.00 on the stock.

Performance of Transportadora de Gas del Sur's Stock

As of Wednesday, the stock opened at $27.23. Over the past year, shares have reached a low of $11.81 and a high of $34.37. The company boasts a market capitalization of approximately $4.10 billion, a P/E ratio of 25.21, and a beta of 0.78. Currently, its 50-day moving average stands at $29.04, while the 200-day moving average is at $24.59. The firm maintains a debt-to-equity ratio of 0.24, with a current ratio of 2.67 and a quick ratio of 2.64.

Institutional Investment in Transportadora de Gas del Sur

Recent activity among institutional investors shows a surge in interest in Transportadora de Gas del Sur's shares. Blue Trust Inc. significantly increased its holdings by 97.2% during the third quarter, making its total ownership 4,240 shares valued at $80,000 after acquiring an additional 2,090 shares. Moreover, Centiva Capital LP entered a new position valued at around $251,000 in the same quarter. Also, Jane Street Group LLC and XTX Topco Ltd acquired new positions worth approximately $481,000 and $349,000, respectively. TT International Asset Management LTD also raised its stake by 17.3%, now owning 1,279,321 shares valued at $23,462,000 after purchasing an additional 188,268 shares. Overall, hedge funds hold approximately 3.29% of the company's stock.

About Transportadora de Gas del Sur

Transportadora de Gas del Sur SA is involved in the transportation of natural gas as well as the production and commercialization of natural gas liquids, both domestically in Argentina and internationally. The company operates through four distinct segments: Natural Gas Transportation Services, Liquids Production and Commercialization, Midstream, and Telecommunications.

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