YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by StockNews.com from a “buy” rating to a “hold” rating in a report issued on Sunday.
A number of other research firms have also recently issued reports on YPF. Citigroup cut 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 note on Wednesday, November 27th. Bank of America upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their target price for the company from $31.00 to $55.00 in a research note on Monday, December 9th. UBS Group reiterated a “neutral” rating and issued a $38.00 target price (up from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Finally, JPMorgan Chase & Co. upgraded YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and raised their target price for the company from $25.00 to $59.50 in a research note on Friday. Five research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima presently has an average rating of “Hold” and an average target price of $39.16.
Check Out Our Latest Stock Report on YPF Sociedad Anónima
YPF Sociedad Anónima Stock Performance
Institutional Investors Weigh In On YPF Sociedad Anónima
A number of institutional investors have recently bought and sold shares of the business. GAMMA Investing LLC boosted its position in YPF Sociedad Anónima by 130.3% during the 4th quarter. GAMMA Investing LLC now owns 2,211 shares of the oil and gas exploration company’s stock worth $94,000 after acquiring an additional 1,251 shares during the period. JPMorgan Chase & Co. boosted its position in YPF Sociedad Anónima by 1,119.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 250,550 shares of the oil and gas exploration company’s stock worth $5,314,000 after acquiring an additional 230,001 shares during the period. ABS Direct Equity Fund LLC acquired a new stake in shares of YPF Sociedad Anónima during the 3rd quarter valued at about $318,000. Dorsey Wright & Associates lifted its holdings in shares of YPF Sociedad Anónima by 12.5% during the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock valued at $5,481,000 after buying an additional 28,617 shares during the last quarter. Finally, Insigneo Advisory Services LLC lifted its holdings in shares of YPF Sociedad Anónima by 6.7% during the 3rd quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock valued at $1,004,000 after buying an additional 2,992 shares during the last quarter. 10.08% of the stock is currently owned by institutional investors and hedge funds.
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.
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