Pampa Energia (NYSE:PAM) was downgraded by stock analysts at ValuEngine from a “buy” rating to a “hold” rating in a report released on Friday.

A number of other equities research analysts have also commented on the company. Zacks Investment Research lowered Pampa Energia from a “hold” rating to a “strong sell” rating in a research report on Tuesday. Morgan Stanley initiated coverage on Pampa Energia in a research report on Tuesday, September 19th. They issued an “equal weight” rating and a $69.00 price objective on the stock. One analyst has rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $72.00.

Shares of Pampa Energia (PAM) opened at $63.77 on Friday. The company has a market capitalization of $4,710.00, a P/E ratio of 19.53 and a beta of 1.19. 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.

A number of institutional investors have recently added to or reduced their stakes in the business. Capital World Investors boosted its position in Pampa Energia by 372.8% in the 2nd quarter. Capital World Investors now owns 4,426,113 shares of the utilities provider’s stock worth $260,477,000 after purchasing an additional 3,489,983 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Pampa Energia by 0.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,728,446 shares of the utilities provider’s stock worth $107,163,000 after buying an additional 10,593 shares during the period. OZ Management LP raised its stake in shares of Pampa Energia by 3.1% during the 3rd quarter. OZ Management LP now owns 748,191 shares of the utilities provider’s stock worth $48,708,000 after buying an additional 22,719 shares during the period. TT International raised its stake in shares of Pampa Energia by 127.5% during the 3rd quarter. TT International now owns 659,270 shares of the utilities provider’s stock worth $42,918,000 after buying an additional 369,430 shares during the period. Finally, Bienville Capital Management LLC raised its stake in shares of Pampa Energia by 45.8% during the 3rd quarter. Bienville Capital Management LLC now owns 389,409 shares of the utilities provider’s stock worth $25,350,000 after buying an additional 122,381 shares during the period. Institutional investors and hedge funds own 44.18% of the company’s stock.

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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.

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