YPF Sociedad Anónima (NYSE:YPF) Upgraded to “Buy” at StockNews.com

StockNews.com upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a hold rating to a buy rating in a research note released on Wednesday.

YPF has been the topic of several other research reports. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and boosted their target price for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their price objective for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $31.00 to $55.00 in a research note on Monday, December 9th. JPMorgan Chase & Co. upped their price objective on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Finally, UBS Group reiterated a “neutral” rating and set a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $34.23.

YPF Sociedad Anónima Trading Up 0.8 %

Shares of YPF Sociedad Anónima stock opened at $42.79 on Wednesday. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59. The firm has a market cap of $16.83 billion, a price-to-earnings ratio of 21.61, a PEG ratio of 0.13 and a beta of 1.94. YPF Sociedad Anónima has a twelve month low of $14.53 and a twelve month high of $45.97. The business has a 50-day moving average price of $34.26 and a 200-day moving average price of $25.97.

Hedge Funds Weigh In On YPF Sociedad Anónima

Large investors have recently bought and sold shares of the business. Ping Capital Management Inc. purchased a new position in YPF Sociedad Anónima in the 2nd quarter valued at about $51,676,000. Marshall Wace LLP increased its position in shares of YPF Sociedad Anónima by 6,194.9% during 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 acquiring an additional 932,212 shares during the last quarter. Duquesne Family Office LLC acquired a new position in YPF Sociedad Anónima during the second quarter worth $12,845,000. Squarepoint Ops LLC acquired a new position in YPF Sociedad Anónima in the 2nd quarter valued at about $6,890,000. Finally, Assenagon Asset Management S.A. lifted its holdings in YPF Sociedad Anónima by 1,685.6% during the 3rd quarter. Assenagon Asset Management S.A. now owns 312,293 shares of the oil and gas exploration company’s stock worth $6,624,000 after buying an additional 294,803 shares in the last quarter. 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.