YPF Sociedad Anónima (NYSE:YPF) Raised to Buy at StockNews.com

YPF Sociedad Anónima (NYSE:YPF) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Wednesday.

A number of other equities research analysts have also issued reports on the stock. Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price objective for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. JPMorgan Chase & Co. raised their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. UBS Group reiterated a “neutral” rating and issued a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price objective for the company from $31.00 to $55.00 in a research report on Monday, December 9th. Finally, Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their price target for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $34.23.

YPF Sociedad Anónima Stock Performance

NYSE YPF opened at $43.06 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. YPF Sociedad Anónima has a twelve month low of $14.53 and a twelve month high of $45.97. The business has a 50-day moving average price of $34.62 and a 200-day moving average price of $26.08. The firm has a market cap of $16.94 billion, a price-to-earnings ratio of 21.75, a price-to-earnings-growth ratio of 0.13 and a beta of 1.94.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several institutional investors have recently modified their holdings of YPF. Ping Capital Management Inc. purchased a new stake in YPF Sociedad Anónima during the 2nd quarter valued at $51,676,000. Marshall Wace LLP increased its position in YPF Sociedad Anónima by 6,194.9% during the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after acquiring an additional 932,212 shares during the last quarter. Duquesne Family Office LLC purchased a new stake in shares of YPF Sociedad Anónima in the second quarter valued at $12,845,000. Squarepoint Ops LLC bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter worth about $6,890,000. Finally, Assenagon Asset Management S.A. boosted its stake in shares of YPF Sociedad Anónima by 1,685.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock worth $6,624,000 after purchasing an additional 294,803 shares during the period. 10.08% of the stock is owned by institutional investors.

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.