Shares of Irsa Inversiones y Rprsntcins SA (NYSE:IRS) have been assigned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One analyst has rated the stock with a hold rating. Irsa Inversiones y Rprsntcins’ rating score has declined by 200% from three months ago as a result of various analysts’ upgrades and downgrades.

Analysts have set a 1 year consensus price target of $30.00 for the company, according to Zacks. Zacks has also given Irsa Inversiones y Rprsntcins an industry rank of 137 out of 265 based on the ratings given to related companies.

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A number of equities analysts have recently commented on IRS shares. Zacks Investment Research upgraded shares of Irsa Inversiones y Rprsntcins from a “hold” rating to a “strong-buy” rating and set a $29.00 price objective for the company in a research note on Tuesday, February 13th. ValuEngine upgraded shares of Irsa Inversiones y Rprsntcins from a “hold” rating to a “buy” rating in a research note on Thursday, November 16th. Morgan Stanley downgraded shares of Irsa Inversiones y Rprsntcins from an “overweight” rating to an “equal weight” rating in a research note on Thursday, February 8th. Finally, TheStreet downgraded shares of Irsa Inversiones y Rprsntcins from a “b” rating to a “c” rating in a research note on Thursday, January 4th.

A number of large investors have recently modified their holdings of the stock. Northern Trust Corp lifted its stake in Irsa Inversiones y Rprsntcins by 0.7% in the 2nd quarter. Northern Trust Corp now owns 212,067 shares of the financial services provider’s stock valued at $5,116,000 after purchasing an additional 1,371 shares during the last quarter. Advisor Group Inc. lifted its stake in Irsa Inversiones y Rprsntcins by 51.1% in the 4th quarter. Advisor Group Inc. now owns 5,665 shares of the financial services provider’s stock valued at $168,000 after purchasing an additional 1,917 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Irsa Inversiones y Rprsntcins by 66.4% in the 4th quarter. Envestnet Asset Management Inc. now owns 5,118 shares of the financial services provider’s stock valued at $151,000 after purchasing an additional 2,042 shares during the last quarter. Dumac Inc. lifted its stake in Irsa Inversiones y Rprsntcins by 10.5% in the 4th quarter. Dumac Inc. now owns 71,529 shares of the financial services provider’s stock valued at $2,117,000 after purchasing an additional 6,820 shares during the last quarter. Finally, Atria Investments LLC acquired a new stake in Irsa Inversiones y Rprsntcins in the 4th quarter valued at about $204,000. Institutional investors and hedge funds own 20.27% of the company’s stock.

Irsa Inversiones y Rprsntcins (IRS) traded down $0.80 during trading on Thursday, hitting $26.41. 96,721 shares of the stock were exchanged, compared to its average volume of 102,831. Irsa Inversiones y Rprsntcins has a one year low of $21.22 and a one year high of $32.97. The company has a debt-to-equity ratio of 2.22, a current ratio of 1.22 and a quick ratio of 1.62.

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Irsa Inversiones y Rprsntcins Company Profile

IRSA Inversiones y Representaciones Sociedad Anonima is a holding company. The Company invests on its own behalf and through investee companies in companies operating in various sectors of the Israeli and global economy. The Company’s segments are Cellcom, which includes cellular telephone services, content and added value services, other services and revenues from the sale of end user equipment in the cellular field; Property and Buildings and projects in Las Vegas, which includes the rental of income-generating properties and residential buildings; Shufersal, which includes retail and the rental of income-generating properties; Adama, which includes the sale of agro products and non-agro products; Clal Insurance Enterprise Holdings, which operates through subsidiary companies in the fields of insurance, pensions and provident funds, in the field of financial services and in the holding of assets and real businesses, and Others.

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