CENT PUERTO S A/S (CEPU) Receives Average Rating of “Strong Buy” from Analysts

CENT PUERTO S A/S (NYSE:CEPU) has been given a consensus broker rating score of 1.00 (Strong Buy) from the three analysts that provide coverage for the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a strong buy recommendation.

Brokerages have set a one year consensus price objective of $17.67 for the company and are anticipating that the company will post $0.56 EPS for the current quarter, according to Zacks. Zacks has also given CENT PUERTO S A/S an industry rank of 155 out of 256 based on the ratings given to related companies.

Several research firms recently commented on CEPU. Zacks Investment Research cut CENT PUERTO S A/S from a “hold” rating to a “sell” rating in a research note on Tuesday, April 16th. ValuEngine upgraded CENT PUERTO S A/S from a “sell” rating to a “hold” rating in a research note on Thursday.

Several large investors have recently added to or reduced their stakes in CEPU. Deltec Asset Management LLC bought a new stake in shares of CENT PUERTO S A/S during the 1st quarter worth $101,000. Parametric Portfolio Associates LLC bought a new position in shares of CENT PUERTO S A/S in the 1st quarter worth approximately $157,000. Legal & General Group Plc bought a new position in shares of CENT PUERTO S A/S in the 3rd quarter worth approximately $185,000. Susquehanna Fundamental Investments LLC lifted its stake in shares of CENT PUERTO S A/S by 51.0% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 43,514 shares of the company’s stock worth $400,000 after purchasing an additional 14,700 shares during the period. Finally, Eaton Vance Management lifted its stake in shares of CENT PUERTO S A/S by 22.0% in the 4th quarter. Eaton Vance Management now owns 52,055 shares of the company’s stock worth $479,000 after purchasing an additional 9,400 shares during the period. Institutional investors and hedge funds own 6.50% of the company’s stock.

Shares of NYSE CEPU opened at $9.37 on Tuesday. CENT PUERTO S A/S has a 1-year low of $7.01 and a 1-year high of $15.91. The company has a current ratio of 1.20, a quick ratio of 1.18 and a debt-to-equity ratio of 0.19.

CENT PUERTO S A/S 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 operates a wind farm Achiras I with an installed capacity of 48 megawatts, as well as produces steam.

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