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

StockNews.com upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a hold rating to a buy rating in a research report sent to investors on Wednesday morning.

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

YPF Sociedad Anónima Stock Performance

Shares of YPF opened at $42.64 on Wednesday. The stock has a market capitalization of $16.77 billion, a PE ratio of 21.54, a price-to-earnings-growth ratio of 0.13 and a beta of 1.94. The business’s fifty day moving average price is $34.98 and its 200 day moving average price is $26.20. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. YPF Sociedad Anónima has a 12-month low of $14.53 and a 12-month high of $45.97.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of YPF. JPMorgan Chase & Co. grew its position in YPF Sociedad Anónima by 1,119.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock valued at $5,314,000 after buying an additional 230,001 shares in the last quarter. ABS Direct Equity Fund LLC bought a new position in shares of YPF Sociedad Anónima in the third quarter valued at approximately $318,000. Dorsey Wright & Associates increased its stake in shares of YPF Sociedad Anónima by 12.5% during the third quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock valued at $5,481,000 after acquiring an additional 28,617 shares during the period. Insigneo Advisory Services LLC raised its holdings in YPF Sociedad Anónima by 6.7% during the third quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock worth $1,004,000 after purchasing an additional 2,992 shares in the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new stake in YPF Sociedad Anónima in the third quarter worth approximately $4,539,000. 10.08% of the stock is owned by institutional investors and hedge funds.

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.