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 report issued on Monday morning.

Other equities analysts have also issued research reports about the company. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective 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 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Citigroup lowered YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and upped their price target for the company from $33.00 to $44.00 in a research note on Wednesday, November 27th. Finally, JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their target price for the company from $25.00 to $59.50 in a research note on Friday, January 10th. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $39.16.

YPF Sociedad Anónima Stock Performance

Shares of NYSE:YPF opened at $43.01 on Monday. The business’s fifty day moving average price is $41.59 and its two-hundred day moving average price is $29.37. YPF Sociedad Anónima has a fifty-two week low of $14.94 and a fifty-two week high of $47.43. The stock has a market capitalization of $16.92 billion, a price-to-earnings ratio of 21.72, a price-to-earnings-growth ratio of 0.20 and a beta of 1.91. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Discovery Capital Management LLC CT boosted its stake in shares of YPF Sociedad Anónima by 6.9% during the 2nd quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock worth $14,997,000 after acquiring an additional 48,000 shares during the period. Marshall Wace LLP boosted its stake in YPF Sociedad Anónima by 6,194.9% in the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after purchasing an additional 932,212 shares during the period. Squarepoint Ops LLC bought a new stake in YPF Sociedad Anónima in the 2nd quarter valued at $6,890,000. Encompass Capital Advisors LLC boosted its stake in YPF Sociedad Anónima by 16.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock valued at $23,519,000 after purchasing an additional 168,919 shares during the period. Finally, Duquesne Family Office LLC bought a new stake in YPF Sociedad Anónima in the 2nd quarter valued at $12,845,000. Institutional investors and hedge funds own 10.08% of the company’s stock.

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.