YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was upgraded by investment analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Wednesday.
YPF has been the topic of several other research reports. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. UBS Group reaffirmed a “neutral” rating and set a $38.00 target price (up from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. Citigroup lowered YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and boosted their price target for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Finally, JPMorgan Chase & Co. upped their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima has a consensus rating of “Hold” and an average price target of $34.23.
Check Out Our Latest Analysis on YPF Sociedad Anónima
YPF Sociedad Anónima Trading Up 0.8 %
Institutional Trading of YPF Sociedad Anónima
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Ping Capital Management Inc. bought a new position in shares of YPF Sociedad Anónima in the 2nd quarter worth $51,676,000. Marshall Wace LLP raised its holdings in YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after purchasing an additional 932,212 shares in the last quarter. Duquesne Family Office LLC purchased a new stake in shares of YPF Sociedad Anónima during the second quarter valued at about $12,845,000. Squarepoint Ops LLC purchased a new position in shares of YPF Sociedad Anónima in the 2nd quarter worth approximately $6,890,000. Finally, Assenagon Asset Management S.A. raised 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 acquiring an additional 294,803 shares in the last quarter. Institutional investors own 10.08% of the company’s stock.
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.
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