YPF Sociedad Anónima (NYSE:YPF) Price Target Increased to $24.00 by Analysts at JPMorgan Chase & Co.

YPF Sociedad Anónima (NYSE:YPF) had its target price boosted by analysts at JPMorgan Chase & Co. from $20.50 to $24.00 in a report released on Wednesday, Benzinga reports. The brokerage currently has a “neutral” rating on the oil and gas exploration company’s stock. JPMorgan Chase & Co.‘s price objective indicates a potential upside of 5.26% from the company’s previous close.

Several other equities analysts have also weighed in on YPF. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their target price for the company from $23.50 to $30.00 in a report on Friday, August 30th. The Goldman Sachs Group lifted 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 report on Thursday, July 25th. Bank of America upped their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. Finally, StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $25.94.

YPF Sociedad Anónima Stock Performance

Shares of YPF Sociedad Anónima stock traded up $0.05 during trading on Wednesday, hitting $22.80. 185,075 shares of the company’s stock were exchanged, compared to its average volume of 2,107,925. The stock has a market capitalization of $8.97 billion, a price-to-earnings ratio of -8.91, a PEG ratio of 0.11 and a beta of 1.81. The business has a 50-day simple moving average of $21.50 and a 200-day simple moving average of $21.15. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $24.76. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.42 by $0.90. The business had revenue of $4.94 billion during the quarter, compared to analysts’ expectations of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. On average, research analysts forecast that YPF Sociedad Anónima will post 5.12 EPS for the current year.

Institutional Trading of YPF Sociedad Anónima

Hedge funds have recently bought and sold shares of the business. Banco BTG Pactual S.A. boosted its stake in YPF Sociedad Anónima by 914.9% during the fourth quarter. Banco BTG Pactual S.A. now owns 124,222 shares of the oil and gas exploration company’s stock worth $2,113,000 after buying an additional 111,982 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in shares of YPF Sociedad Anónima during the 4th quarter valued at about $7,471,000. Campbell & CO Investment Adviser LLC purchased a new stake in shares of YPF Sociedad Anónima in the fourth quarter valued at about $1,234,000. AdvisorShares Investments LLC acquired a new stake in YPF Sociedad Anónima during the fourth quarter worth about $1,058,000. Finally, Seven Eight Capital LP raised its stake in YPF Sociedad Anónima by 460.4% during the fourth quarter. Seven Eight Capital LP now owns 174,813 shares of the oil and gas exploration company’s stock worth $3,005,000 after purchasing an additional 143,621 shares during the period. 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.