UBS Group Reaffirms “Neutral” Rating for YPF Sociedad Anónima (NYSE:YPF)

YPF Sociedad Anónima (NYSE:YPF)‘s stock had its “neutral” rating reiterated by equities researchers at UBS Group in a research note issued on Wednesday, MarketBeat reports. They presently have a $38.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $30.00. UBS Group’s price target suggests a potential downside of 1.17% from the company’s previous close.

A number of other equities research analysts have also commented on YPF. StockNews.com lowered YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Wednesday. Bank of America raised their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 18th. JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a report on Wednesday, October 30th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their price objective for the company from $23.50 to $30.00 in a report on Friday, August 30th. Finally, Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their target price for the stock from $33.00 to $44.00 in a research note on Wednesday, November 27th. Seven equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat.com, YPF Sociedad Anónima has an average rating of “Hold” and an average target price of $30.51.

YPF Sociedad Anónima Stock Performance

Shares of YPF stock opened at $38.45 on Wednesday. The business has a fifty day moving average of $29.21 and a 200 day moving average of $24.05. YPF Sociedad Anónima has a 1 year low of $14.53 and a 1 year high of $42.30. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. The firm has a market capitalization of $15.12 billion, a price-to-earnings ratio of 19.42, a price-to-earnings-growth ratio of 0.14 and a beta of 1.94.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Ping Capital Management Inc. purchased a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $51,676,000. Encompass Capital Advisors LLC lifted its position in YPF Sociedad Anónima by 16.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after buying an additional 168,919 shares in the last quarter. Marshall Wace LLP boosted its stake in YPF Sociedad Anónima by 6,194.9% during 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 buying an additional 932,212 shares during the last quarter. Discovery Capital Management LLC CT grew its holdings in YPF Sociedad Anónima by 6.9% in the 2nd quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after buying an additional 48,000 shares in the last quarter. Finally, Duquesne Family Office LLC acquired a new stake in shares of YPF Sociedad Anónima in the 2nd quarter worth $12,845,000. Hedge funds and other 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.