UBS believed that the company reported a 6.0% lift in quarterly production, ahead of the broker's forecasts. Guidance for 2015 has been reiterated.
The recent debt refinancing should provide some certainty and the broker considers the asset has upside potential. The stock also remains a potential consolidation candidate in the broker's opinion. UBS retains a Buy rating and 20c target.
today Macquarie changed into bullish view
SP is very cheap as investors wondered TGS did not have money for the project
The issue has been solved
The worst had been over, investors should move in slowly
Anyway, I added long
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