IRSA Inversiones Y Representaciones S.A. (NYSE:IRS) has earned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a strong buy rating. IRSA Inversiones Y Representaciones’ rating score has improved by 50% from three months ago as a result of a number of analysts’ upgrades and downgrades.

Analysts have set a 12-month consensus price objective of $30.00 for the company, according to Zacks. Zacks has also assigned IRSA Inversiones Y Representaciones an industry rank of 159 out of 265 based on the ratings given to its competitors.

A number of brokerages have recently weighed in on IRS. BidaskClub upgraded IRSA Inversiones Y Representaciones from a “sell” rating to a “hold” rating in a research note on Sunday, August 6th. Zacks Investment Research lowered IRSA Inversiones Y Representaciones from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, TheStreet upgraded IRSA Inversiones Y Representaciones from a “d+” rating to a “c-” rating in a research note on Tuesday, May 9th.

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Several institutional investors have recently made changes to their positions in the company. Luzich Partners LLC raised its position in shares of IRSA Inversiones Y Representaciones by 0.5% in the second quarter. Luzich Partners LLC now owns 373,156 shares of the financial services provider’s stock worth $9,001,000 after buying an additional 1,848 shares during the period. Macquarie Group Ltd. raised its position in shares of IRSA Inversiones Y Representaciones by 1.7% in the second quarter. Macquarie Group Ltd. now owns 2,075,613 shares of the financial services provider’s stock worth $50,066,000 after buying an additional 34,980 shares during the period. Northern Trust Corp raised its position in shares of IRSA Inversiones Y Representaciones by 0.7% in the second quarter. Northern Trust Corp now owns 212,067 shares of the financial services provider’s stock worth $5,116,000 after buying an additional 1,371 shares during the period. Tricadia Capital Management LLC raised its position in shares of IRSA Inversiones Y Representaciones by 7.7% in the second quarter. Tricadia Capital Management LLC now owns 631,469 shares of the financial services provider’s stock worth $15,231,000 after buying an additional 45,300 shares during the period. Finally, Dorsey Wright & Associates raised its position in shares of IRSA Inversiones Y Representaciones by 51.5% in the second quarter. Dorsey Wright & Associates now owns 117,683 shares of the financial services provider’s stock worth $1,210,000 after buying an additional 40,012 shares during the period. Institutional investors own 20.01% of the company’s stock.

Shares of IRSA Inversiones Y Representaciones (IRS) traded up 11.66% on Monday, hitting $25.00. The company had a trading volume of 185,352 shares. The firm has a 50 day moving average of $23.20 and a 200-day moving average of $23.84. The firm has a market capitalization of $1.44 billion, a P/E ratio of 16.23 and a beta of 2.03. IRSA Inversiones Y Representaciones has a 12-month low of $16.13 and a 12-month high of $26.50.

IRSA Inversiones Y Representaciones Company Profile

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