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 research report issued on Friday, MarketBeat reports. The brokerage presently has a $59.50 price target on the oil and gas exploration company’s stock, up from their prior price target of $25.00. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 29.69% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. Bank of America upgraded shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $31.00 to $55.00 in a report on Monday, December 9th. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Saturday, January 4th. UBS Group reissued a “neutral” rating and issued a $38.00 price objective (up from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Finally, Citigroup cut YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their target price for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Four research analysts have rated the stock with a hold rating and four have given a buy rating to the company. According to MarketBeat.com, YPF Sociedad Anónima presently has a consensus rating of “Moderate Buy” and an average target price of $39.16.

YPF Sociedad Anónima Price Performance

Shares of YPF opened at $45.88 on Friday. The business’s fifty day moving average is $39.21 and its 200 day moving average is $28.04. YPF Sociedad Anónima has a 12-month low of $14.53 and a 12-month high of $47.43. 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 stock 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 Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of YPF. Blue Trust Inc. raised its stake in shares of YPF Sociedad Anónima by 58.4% during the 3rd quarter. Blue Trust Inc. now owns 2,091 shares of the oil and gas exploration company’s stock worth $42,000 after purchasing an additional 771 shares during the period. GAMMA Investing LLC increased its holdings 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 buying an additional 1,251 shares during the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in YPF Sociedad Anónima during the second quarter worth about $63,000. Activest Wealth Management bought a new stake in YPF Sociedad Anónima in the third quarter worth about $144,000. Finally, Deltec Asset Management LLC purchased a new position in YPF Sociedad Anónima in the third quarter valued at about $201,000. Hedge funds and other institutional investors 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.