Transportadora de Gas Del Sur S.A. (TGS) Trades at $19.00 After Triangle; 12 Bullish Analysts Covering Colfax (CFX)

April 26, 2018 - By Annabelle Johnson

Among 20 analysts covering Colfax (NYSE:CFX), 12 have Buy rating, 3 Sell and 5 Hold. Therefore 60% are positive. Colfax had 66 analyst reports since July 27, 2015 according to SRatingsIntel. On Thursday, November 30 the stock rating was maintained by Robert W. Baird with “Buy”. The firm earned “Hold” rating on Wednesday, March 14 by Cowen & Co. The stock of Colfax Corporation (NYSE:CFX) has “Buy” rating given on Thursday, August 24 by RBC Capital Markets. Stifel Nicolaus maintained it with “Buy” rating and $40.0 target in Tuesday, February 6 report. Citigroup maintained Colfax Corporation (NYSE:CFX) on Friday, July 29 with “Sell” rating. KeyBanc Capital Markets maintained it with “Buy” rating and $46.0 target in Monday, November 6 report. Robert W. Baird upgraded the shares of CFX in report on Monday, July 31 to “Outperform” rating. The firm has “Buy” rating given on Tuesday, November 21 by Longbow. Citigroup maintained Colfax Corporation (NYSE:CFX) rating on Monday, April 9. Citigroup has “Sell” rating and $30 target. As per Friday, September 1, the company rating was maintained by Stifel Nicolaus. See Colfax Corporation (NYSE:CFX) latest ratings:

04/04/2018 Broker: Robert W. Baird Rating: Buy New Target: $39.0000 Maintain
09/04/2018 Broker: Citigroup Old Rating: Sell New Rating: Sell Old Target: $35 New Target: $30 Maintain
14/03/2018 Broker: Cowen & Co Rating: Hold New Target: $34.0 Maintain
15/02/2018 Broker: Barclays Capital Rating: Underweight New Target: $29 Initiates Coverage On
11/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $43.0 Maintain
07/02/2018 Broker: Seaport Global Rating: Buy New Target: $40.0 Maintain
07/02/2018 Broker: Gabelli Old Rating: Hold New Rating: Buy Upgrade
06/02/2018 Broker: KeyBanc Capital Markets Rating: Buy New Target: $44.0 Maintain
06/02/2018 Broker: Robert W. Baird Rating: Buy New Target: $42.0 Maintain
06/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $40.0 Maintain

Transportadora de Gas Del Sur S.A. (TGS) formed triangle with $20.52 target or 8.00% above today’s $19.00 share price. Transportadora de Gas Del Sur S.A. (TGS) has $2.99 billion valuation. The stock decreased 0.21% or $0.04 during the last trading session, reaching $19. About 741,891 shares traded or 294.91% up from the average. Transportadora de Gas Del Sur S.A. (NYSE:TGS) has risen 43.31% since April 26, 2017 and is uptrending. It has outperformed by 31.76% the S&P500.

The stock increased 1.20% or $0.38 during the last trading session, reaching $31.97. About 539,513 shares traded. Colfax Corporation (NYSE:CFX) has declined 17.80% since April 26, 2017 and is downtrending. It has underperformed by 29.35% the S&P500.

Investors sentiment decreased to 0.67 in 2017 Q4. Its down 0.39, from 1.06 in 2017Q3. It turned negative, as 53 investors sold Colfax Corporation shares while 67 reduced holdings. 26 funds opened positions while 54 raised stakes. 93.24 million shares or 2.67% more from 90.81 million shares in 2017Q3 were reported. Great West Life Assurance Company Can holds 0% or 11,463 shares in its portfolio. Parametric Associates Limited Company reported 83,565 shares. Cubist Systematic Strategies Limited Liability holds 0% or 642 shares. Moreover, Exane Derivatives has 0% invested in Colfax Corporation (NYSE:CFX). Sei Invs Comm has 0% invested in Colfax Corporation (NYSE:CFX). Caisse De Depot Et Placement Du Quebec holds 0% of its portfolio in Colfax Corporation (NYSE:CFX) for 24,900 shares. Brandywine Global Invest Mgmt Ltd Limited Liability Company invested 0% in Colfax Corporation (NYSE:CFX). 10,657 were accumulated by Chevy Chase Trust. Markel holds 0.85% or 1.14M shares in its portfolio. Citadel Ltd Liability Corporation owns 1.98 million shares. Prudential Fincl accumulated 21,355 shares. Credit Suisse Ag stated it has 0% of its portfolio in Colfax Corporation (NYSE:CFX). Private Mngmt Grp Inc Incorporated invested in 0.02% or 8,036 shares. Moreover, Grp One Trading Limited Partnership has 0% invested in Colfax Corporation (NYSE:CFX). Ngam Advsr Limited Partnership holds 12,784 shares.

Colfax Corporation, an industrial manufacturing and engineering company, provides gas and fluid handling, and fabrication technology services and products worldwide. The company has market cap of $3.95 billion. The firm operates through two divisions, Gas and Fluid Handling, and Fabrication Technology. It has a 26.08 P/E ratio. The Gas and Fluid Handling segment designs, makes, supplies, installs, and maintains heavy-duty centrifugal and axial fans, rotary heat exchangers, gas compressors, pumps, fluid handling systems, controls, and specialty valves.

Analysts await Transportadora de Gas Del Sur S.A. (NYSE:TGS) to report earnings on May, 9. They expect $0.31 EPS, up 14.81% or $0.04 from last year’s $0.27 per share. TGS’s profit will be $48.70M for 15.32 P/E if the $0.31 EPS becomes a reality. After $0.35 actual EPS reported by Transportadora de Gas Del Sur S.A. for the previous quarter, Wall Street now forecasts -11.43% negative EPS growth.

Among 3 analysts covering Transportadora de Gas Del Sur S.A. (NYSE:TGS), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Transportadora de Gas Del Sur S.A. has $25 highest and $5.10 lowest target. $15.05’s average target is -20.79% below currents $19 stock price. Transportadora de Gas Del Sur S.A. had 4 analyst reports since October 8, 2015 according to SRatingsIntel. The stock of Transportadora de Gas Del Sur S.A. (NYSE:TGS) earned “Hold” rating by Santander on Thursday, October 8. Raymond James upgraded the stock to “Outperform” rating in Tuesday, April 5 report. As per Tuesday, March 13, the company rating was downgraded by Morgan Stanley.

Colfax Corporation (NYSE:CFX) Institutional Positions Chart