Shares of Pampa Energia S.A. (NYSE:PAM) have earned an average recommendation of “Hold” from the nine analysts that are covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, four have given a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $41.67.

A number of research firms recently issued reports on PAM. Citigroup lowered Pampa Energia from a “buy” rating to a “neutral” rating in a research note on Monday, July 1st. Morgan Stanley lowered Pampa Energia from an “overweight” rating to an “equal weight” rating in a research note on Monday, August 12th. Zacks Investment Research upgraded Pampa Energia from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 14th. Bank of America lowered Pampa Energia from a “buy” rating to a “neutral” rating and decreased their price objective for the company from $52.50 to $33.00 in a research note on Tuesday, August 13th. Finally, TheStreet upgraded Pampa Energia from a “d+” rating to a “c” rating in a research note on Wednesday, June 26th.

Institutional investors have recently bought and sold shares of the stock. James Investment Research Inc. grew its position in Pampa Energia by 44.4% during the second quarter. James Investment Research Inc. now owns 1,300 shares of the utilities provider’s stock worth $45,000 after buying an additional 400 shares in the last quarter. Bank of Montreal Can purchased a new position in Pampa Energia during the second quarter worth about $49,000. Aperio Group LLC purchased a new position in Pampa Energia during the second quarter worth about $49,000. FNY Investment Advisers LLC purchased a new position in Pampa Energia during the second quarter worth about $49,000. Finally, Public Employees Retirement System of Ohio purchased a new position in Pampa Energia during the second quarter worth about $211,000. Institutional investors and hedge funds own 39.09% of the company’s stock.

Shares of NYSE:PAM traded down $0.05 during midday trading on Friday, reaching $16.53. 890,804 shares of the company traded hands, compared to its average volume of 695,248. The company has a quick ratio of 1.09, a current ratio of 1.24 and a debt-to-equity ratio of 0.66. Pampa Energia has a 12 month low of $14.32 and a 12 month high of $39.89. The firm has a market capitalization of $1.26 billion, a price-to-earnings ratio of -10.80, a price-to-earnings-growth ratio of 0.29 and a beta of 0.60. The firm’s fifty day moving average price is $30.58 and its two-hundred day moving average price is $29.17.

Pampa Energia Company Profile

Pampa EnergĂ­a SA, an integrated electricity company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity in Argentina. The company generates electricity through combined cycle gas-fired generating units, thermal generation plants, open-cycle gas turbines, and hydroelectric power generation systems, as well as through a wind farm.

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Analyst Recommendations for Pampa Energia (NYSE:PAM)

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