In recent trading, shares of Pampa Energia SA (Symbol: PAM) have exceeded the average analyst 12-month target price of $89.58, currently trading at $89.75/share. When a stock hits an analyst’s target, they typically respond in one of two ways: downgrade their valuation or adjust the target price higher. This decision may also hinge on the company’s recent performance and prospects.
Within the Zacks coverage universe, six analysts have contributed to the average target for Pampa Energia SA. While the average is a helpful indicator, it’s worth noting that individual predictions vary widely. One analyst has set a lower target at $46.00, while another aims as high as $120.00, resulting in a standard deviation of $25.889.
The value of considering the average price target lies in the collective insight of multiple analysts, rather than relying solely on one expert opinion. As PAM’s share price surpasses the average target of $89.58, investors may find this a good opportunity to evaluate the company. Is this merely a milestone on the path to a higher target, or does the current valuation warrant caution? Below is a table detailing the latest analyst ratings for Pampa Energia SA:
| Recent PAM Analyst Ratings Breakdown | ||||
|---|---|---|---|---|
| » | Current | 1 Month Ago | 2 Month Ago | 3 Month Ago |
| Strong buy ratings: | 2 | 2 | 2 | 3 |
| Buy ratings: | 0 | 0 | 0 | 0 |
| Hold ratings: | 3 | 3 | 3 | 2 |
| Sell ratings: | 0 | 0 | 0 | 0 |
| Strong sell ratings: | 0 | 0 | 0 | 0 |
| Average rating: | 2.2 | 2.2 | 2.2 | 1.8 |
The average rating shown above ranges from 1 to 5, with 1 indicating a Strong Buy and 5 indicating a Strong Sell. This analysis utilized data provided by Zacks Investment Research via Quandl.com.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
