PAM Similar Chart Price Prediction
The price of PAM is predicted to go up 3.77%, based on the high correlation periods with WMPN. The similarity of these two price pattern on the periods is 92.95%.
PAM
WMPN
Up: 3.77%Similarity: 92.95%
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PAM Analyst's Forecast
Rodolfo Angele
JP Morgan
Hold
2025-01-10
Price Target
$59 → $94
Downside
-1.45%
JPMorgan raised the firm's price target on Pampa Energia to $93.50 from $59 and keeps a Neutral rating on the shares. JPMorgan is constructive on Argentina's oil and gas industry and, despite the rally, still sees upside potential in the region. Under the new government, significant changes like oil deregulation, fuel price alignment with international parity, and incentives have transformed the sector, the analyst tells investors in a research note. It does not think that it is too late to invest in the group.
Rodolfo Angele
JP Morgan
Hold
2024-09-25
Price Target
$47 → $55
Downside
-7.41%
