YPF Sociedad Anónima (NYSE:YPF) Stock Rating Upgraded by Citigroup

Citigroup upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a neutral rating to a buy rating in a report released on Friday morning, MarketBeat Ratings reports. Citigroup currently has $33.00 price objective on the oil and gas exploration company’s stock, up from their prior price objective of $24.00.

Other analysts have also issued research reports about the company. Bank of America upped their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Monday, October 21st. The Goldman Sachs Group lifted their price objective on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a report on Thursday, July 25th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their target price for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $27.37.

YPF Sociedad Anónima Trading Up 4.8 %

NYSE YPF opened at $26.59 on Friday. The stock has a market cap of $10.46 billion, a PE ratio of -12.66, a PEG ratio of 0.11 and a beta of 1.78. The company has a current ratio of 0.93, a quick ratio of 0.73 and a debt-to-equity ratio of 0.71. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $26.85. The company’s 50-day moving average price is $23.53 and its 200-day moving average price is $21.94.

YPF Sociedad Anónima (NYSE:YPF) last released its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.90. The company had revenue of $4.94 billion for the quarter, compared to the consensus estimate of $4.59 billion. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. Equities research analysts forecast that YPF Sociedad Anónima will post 5.34 earnings per share for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Ping Capital Management Inc. bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter valued at $51,676,000. Encompass Capital Advisors LLC boosted its position in YPF Sociedad Anónima by 16.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after purchasing an additional 168,919 shares during the period. Marshall Wace LLP lifted its position in YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after acquiring an additional 932,212 shares during the last quarter. Discovery Capital Management LLC CT grew its holdings in YPF Sociedad Anónima by 6.9% in the 2nd quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after buying an additional 48,000 shares during the last quarter. Finally, Russell Investments Group Ltd. boosted its holdings in YPF Sociedad Anónima by 307.2% in the 1st quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company’s stock valued at $12,655,000 after purchasing an additional 482,178 shares during the period. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima, an energy company, engages in the oil and gas upstream and downstream activities in Argentina. Its upstream operations include the exploration, exploitation, and production of crude oil, and natural gas. The company’s downstream operations include petrochemical production and crude oil refining; transportation and distribution refined and petrochemical products; commercialization of crude oil, petrochemical products, and specialties.