YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Tuesday.
Other analysts have also issued reports about the stock. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the company from $23.50 to $30.00 in a research note on Friday, August 30th. JPMorgan Chase & Co. raised their price target on shares of 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 raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price objective for the company from $24.00 to $33.00 in a research report on Friday, November 1st. Finally, Bank of America lifted their target price on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, September 18th. Four equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, YPF Sociedad Anónima presently has an average rating of “Moderate Buy” and an average price target of $27.37.
View Our Latest Research Report on YPF
YPF Sociedad Anónima Price Performance
Hedge Funds Weigh In On YPF Sociedad Anónima
Hedge funds and other institutional investors have recently made changes to their positions in the company. Banco Santander S.A. acquired a new stake in YPF Sociedad Anónima in the second quarter valued at approximately $270,000. Prospera Financial Services Inc boosted its position in shares of YPF Sociedad Anónima by 60.8% in the 3rd quarter. Prospera Financial Services Inc now owns 71,251 shares of the oil and gas exploration company’s stock worth $1,511,000 after purchasing an additional 26,936 shares in the last quarter. Squarepoint Ops LLC acquired a new stake in shares of YPF Sociedad Anónima in the 2nd quarter worth $6,890,000. Marshall Wace LLP grew its stake in YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after buying an additional 932,212 shares during the last quarter. Finally, Assenagon Asset Management S.A. increased its position in 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 valued at $6,624,000 after buying an additional 294,803 shares in the last quarter. Institutional investors 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.
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