Cent PUERTO S AS (CEPU) Upgraded to “Sell” at ValuEngine

ValuEngine upgraded shares of Cent PUERTO S AS (NYSE:CEPU) from a strong sell rating to a sell rating in a research note published on Friday morning.

Several other research analysts have also issued reports on CEPU. Zacks Investment Research upgraded shares of Cent PUERTO S AS from a hold rating to a buy rating and set a $13.00 price target for the company in a research note on Tuesday, July 31st. Bank of America set a $20.00 price target on shares of Cent PUERTO S AS and gave the stock a buy rating in a research note on Friday, September 14th. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. The stock currently has an average rating of Buy and a consensus target price of $15.00.

NYSE CEPU traded up $0.10 during trading on Friday, hitting $9.09. The company had a trading volume of 253,054 shares, compared to its average volume of 324,002. The company has a current ratio of 1.42, a quick ratio of 1.39 and a debt-to-equity ratio of 0.32. Cent PUERTO S AS has a one year low of $7.80 and a one year high of $19.20. The firm has a market capitalization of $1.36 billion and a PE ratio of 6.45.

Cent PUERTO S AS (NYSE:CEPU) last issued its quarterly earnings results on Tuesday, August 14th. The company reported $1.19 earnings per share (EPS) for the quarter. The business had revenue of $91.34 million during the quarter. On average, sell-side analysts predict that Cent PUERTO S AS will post 4.05 earnings per share for the current year.

Several institutional investors have recently modified their holdings of CEPU. Stevens Capital Management LP bought a new position in shares of Cent PUERTO S AS in the 2nd quarter worth about $110,000. Itau Unibanco Holding S.A. bought a new position in shares of Cent PUERTO S AS in the 2nd quarter worth about $121,000. LMR Partners LLP bought a new stake in Cent PUERTO S AS during the 2nd quarter valued at about $161,000. Dynamic Technology Lab Private Ltd bought a new stake in Cent PUERTO S AS during the 2nd quarter valued at about $443,000. Finally, Citadel Advisors LLC bought a new stake in Cent PUERTO S AS during the 2nd quarter valued at about $538,000. Institutional investors own 5.44% of the company’s stock.

Cent PUERTO S AS Company Profile

Central Puerto SA generates and sells electric power to private and public customers in Argentina. As of December 31, 2017, the company owned and operated five thermal generation plants and one hydroelectric generation plant with an installed capacity of 3,663 MW. It also produces steam. The company was founded in 1989 and is based in Buenos Aires, Argentina.

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