YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a report released on Saturday.
Several other analysts have also recently weighed in on YPF. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their price target for the stock from $23.50 to $30.00 in a report on Friday, August 30th. UBS Group reissued a “neutral” rating and set a $38.00 target price (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. JPMorgan Chase & Co. upped 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 note on Wednesday, October 30th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. 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 report on Wednesday, November 27th. Six equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $34.23.
Check Out Our Latest Research Report on YPF
YPF Sociedad Anónima Stock Up 1.4 %
Institutional Inflows and Outflows
A number of hedge funds have recently added to or reduced their stakes in the company. Blue Trust Inc. acquired a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at $26,000. Ashton Thomas Private Wealth LLC bought a new position in YPF Sociedad Anónima in the second quarter valued at about $63,000. Activest Wealth Management acquired a new position in YPF Sociedad Anónima during the third quarter worth about $144,000. SG Americas Securities LLC bought a new position in shares of YPF Sociedad Anónima in the second quarter worth about $185,000. Finally, Deltec Asset Management LLC acquired a new stake in shares of YPF Sociedad Anónima in the 3rd quarter valued at approximately $201,000. 10.08% of the stock is owned by institutional investors.
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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