StockNews.com Upgrades YPF Sociedad Anónima (NYSE:YPF) to Buy

YPF Sociedad Anónima (NYSE:YPF) was upgraded by equities researchers at StockNews.com from a “hold” rating to a “buy” rating in a research report issued on Friday.

YPF has been the subject of several other reports. The Goldman Sachs Group raised their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a research note on Thursday, July 25th. Bank of America upped their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their target price for the stock from $24.00 to $33.00 in a research note on Friday. 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. Finally, Jefferies Financial Group raised 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 report on Friday, August 30th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima presently has a consensus rating of “Moderate Buy” and an average price target of $27.37.

YPF Sociedad Anónima Trading Up 3.5 %

YPF stock opened at $25.37 on Friday. The company has a market capitalization of $9.98 billion, a PE ratio of -12.08, a P/E/G ratio of 0.11 and a beta of 1.78. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.73. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $26.00. The firm’s 50-day moving average is $23.53 and its 200 day moving average is $21.91.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, topping the consensus estimate of $0.42 by $0.90. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. The business had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.59 billion. On average, research analysts anticipate that YPF Sociedad Anónima will post 5.34 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Quantbot Technologies LP purchased a new stake in shares of YPF Sociedad Anónima in the first quarter valued at about $1,077,000. Russell Investments Group Ltd. grew its stake in YPF Sociedad Anónima by 307.2% during the 1st quarter. Russell Investments Group Ltd. now owns 639,116 shares of the oil and gas exploration company’s stock worth $12,655,000 after purchasing an additional 482,178 shares in the last quarter. Banco Santander S.A. acquired a new position in shares of YPF Sociedad Anónima during the second quarter worth about $270,000. Squarepoint Ops LLC purchased a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at approximately $6,890,000. Finally, Marshall Wace LLP increased its holdings in YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after buying an additional 932,212 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other 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.