StockNews.com upgraded shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) from a hold rating to a buy rating in a report released on Tuesday.
Several other research analysts have also issued reports on YPF. 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 report on Wednesday, December 4th. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price target for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their price target for the company from $25.00 to $59.50 in a research report on Friday, January 10th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $39.16.
Read Our Latest Analysis on YPF Sociedad Anónima
YPF Sociedad Anónima Stock Down 2.1 %
Hedge Funds Weigh In On YPF Sociedad Anónima
A number of large investors have recently made changes to their positions in YPF. Canada Pension Plan Investment Board bought a new position in shares of YPF Sociedad Anónima in the fourth quarter worth $89,009,000. Duquesne Family Office LLC boosted its stake in YPF Sociedad Anónima by 292.4% during the fourth quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company’s stock valued at $71,745,000 after buying an additional 1,257,616 shares during the period. William Blair Investment Management LLC bought a new stake in YPF Sociedad Anónima during the fourth quarter worth about $45,664,000. BNP Paribas Financial Markets lifted its stake in YPF Sociedad Anónima by 2,092.6% during the fourth quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company’s stock worth $40,213,000 after purchasing an additional 902,815 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in YPF Sociedad Anónima by 335.6% during the fourth quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock worth $46,395,000 after purchasing an additional 840,842 shares during the last quarter. 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.
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