YPF Sociedad Anónima (NYSE:YPF) Stock Rating Upgraded by JPMorgan Chase & Co.

YPF Sociedad Anónima (NYSE:YPF) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Friday, MarketBeat reports. The firm currently has a $59.50 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $25.00. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 29.69% from the stock’s current price.

YPF has been the topic of several other reports. StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Saturday, January 4th. UBS Group reiterated a “neutral” rating and set a $38.00 price objective (up from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their target price for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price target for the company from $31.00 to $55.00 in a research note on Monday, December 9th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $39.16.

YPF Sociedad Anónima Stock Up 1.2 %

Shares of YPF opened at $45.88 on Friday. The firm has a 50 day simple moving average of $39.21 and a two-hundred day simple moving average of $28.04. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68. YPF Sociedad Anónima has a one year low of $14.53 and a one year high of $47.43. The company has a market cap of $18.05 billion, a P/E ratio of 23.17, a P/E/G ratio of 0.13 and a beta of 1.91.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Blue Trust Inc. lifted its holdings in YPF Sociedad Anónima by 58.4% in the third quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock valued at $42,000 after buying an additional 771 shares during the period. GAMMA Investing LLC grew its stake in YPF Sociedad Anónima by 130.3% during the fourth quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock worth $94,000 after purchasing an additional 1,251 shares during the period. Ashton Thomas Private Wealth LLC bought a new stake in YPF Sociedad Anónima in the second quarter worth approximately $63,000. Activest Wealth Management bought a new position in shares of YPF Sociedad Anónima during the 3rd quarter worth approximately $144,000. Finally, Deltec Asset Management LLC acquired a new stake in shares of YPF Sociedad Anónima during the 3rd quarter worth approximately $201,000. Institutional investors and hedge funds 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.