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

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

Several other equities analysts also recently commented on YPF. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their target price for the stock from $23.50 to $30.00 in a report on Friday, August 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. JPMorgan Chase & Co. raised their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $55.00 in a report on Monday, December 9th. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, YPF Sociedad Anónima has an average rating of “Hold” and an average target price of $34.23.

YPF Sociedad Anónima Price Performance

YPF traded up $0.35 on Wednesday, hitting $42.79. 405,586 shares of the company’s stock traded hands, compared to its average volume of 2,194,279. The company’s 50 day simple moving average is $34.26 and its 200-day simple moving average is $25.97. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. YPF Sociedad Anónima has a one year low of $14.53 and a one year high of $45.97. The firm has a market cap of $16.83 billion, a price-to-earnings ratio of 21.61, a P/E/G ratio of 0.13 and a beta of 1.94.

Institutional Investors Weigh In On YPF Sociedad Anónima

Large investors have recently added to or reduced their stakes in the stock. Blue Trust Inc. boosted its holdings in shares of YPF Sociedad Anónima by 58.4% in the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after purchasing an additional 771 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in YPF Sociedad Anónima in the second quarter worth $63,000. Activest Wealth Management purchased a new position in YPF Sociedad Anónima during the third quarter worth $144,000. Deltec Asset Management LLC bought a new position in YPF Sociedad Anónima during the third quarter valued at $201,000. Finally, Dark Forest Capital Management LP bought a new stake in shares of YPF Sociedad Anónima in the 2nd quarter worth about $263,000. 10.08% of the stock is owned by institutional investors.

About YPF Sociedad Anónima

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.