Bank of America upgraded shares of YPF Sociedad Anónima (NYSE:YPF - Free Report) from a neutral rating to a buy rating in a report published on Monday, MarketBeat.com reports. Bank of America currently has $55.00 price objective on the oil and gas exploration company's stock, up from their prior price objective of $31.00.
Several other research firms have also weighed in on YPF. Citigroup lowered YPF Sociedad Anónima from a "buy" rating to a "neutral" rating and lifted their target price for the stock from $33.00 to $44.00 in a report on Wednesday, November 27th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a "hold" rating to a "buy" rating and lifted their price objective for the company from $23.50 to $30.00 in a report on Friday, August 30th. JPMorgan Chase & Co. boosted their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a "neutral" rating in a research report on Wednesday, October 30th. StockNews.com downgraded shares of YPF Sociedad Anónima from a "buy" rating to a "hold" rating in a report on Wednesday, December 4th. Finally, UBS Group reiterated a "neutral" rating and issued a $38.00 price target (up previously from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $34.23.
View Our Latest Report on YPF
YPF Sociedad Anónima Trading Up 4.2 %
NYSE:YPF traded up $1.64 during trading hours on Monday, hitting $40.51. The stock had a trading volume of 2,871,111 shares, compared to its average volume of 2,184,728. The business's 50 day moving average is $29.55 and its 200-day moving average is $24.18. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. The company has a market cap of $15.93 billion, a price-to-earnings ratio of 19.63, a P/E/G ratio of 0.13 and a beta of 1.93. YPF Sociedad Anónima has a one year low of $14.53 and a one year high of $42.30.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in YPF. SG Americas Securities LLC acquired a new position in shares of YPF Sociedad Anónima in the second quarter valued at about $185,000. Blue Trust Inc. acquired a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth approximately $26,000. Banco Santander S.A. bought a new position in shares of YPF Sociedad Anónima during the second quarter worth approximately $270,000. Strategic Financial Concepts LLC bought a new position in shares of YPF Sociedad Anónima during the second quarter worth approximately $618,000. Finally, LSV Asset Management raised its position in shares of YPF Sociedad Anónima by 34.7% in the second quarter. LSV Asset Management now owns 176,000 shares of the oil and gas exploration company's stock valued at $3,541,000 after buying an additional 45,300 shares in the last quarter. 10.08% of the stock is owned by institutional investors and hedge funds.
About YPF Sociedad Anónima
(
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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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