YPF Sociedad Anónima (NYSE:YPF) Raised to “Buy” at Jefferies Financial Group

Jefferies Financial Group upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a hold rating to a buy rating in a report released on Friday, Marketbeat Ratings reports. Jefferies Financial Group currently has $30.00 price target on the oil and gas exploration company’s stock, up from their previous price target of $23.50.

Several other equities analysts also recently issued reports on YPF. The Goldman Sachs Group upped their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a neutral rating in a research report on Thursday, July 25th. StockNews.com raised YPF Sociedad Anónima from a hold rating to a buy rating in a report on Monday, August 12th. JPMorgan Chase & Co. lifted their target price on YPF Sociedad Anónima from $18.50 to $20.00 and gave the stock a neutral rating in a report on Tuesday, May 28th. Finally, Bank of America upgraded shares of YPF Sociedad Anónima from an underperform rating to a neutral rating in a report on Thursday, May 23rd. Five analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, YPF Sociedad Anónima has a consensus rating of Hold and a consensus price target of $24.77.

YPF Sociedad Anónima Price Performance

Shares of YPF opened at $23.70 on Friday. The company has a 50 day moving average of $20.57 and a two-hundred day moving average of $20.51. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. YPF Sociedad Anónima has a twelve month low of $9.57 and a twelve month high of $24.76. The company has a market cap of $9.32 billion, a price-to-earnings ratio of -9.26, a price-to-earnings-growth ratio of 0.10 and a beta of 1.81.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently modified their holdings of the business. B. Riley Wealth Advisors Inc. raised its stake in YPF Sociedad Anónima by 43.3% during the second quarter. B. Riley Wealth Advisors Inc. now owns 51,300 shares of the oil and gas exploration company’s stock worth $1,032,000 after purchasing an additional 15,500 shares during the period. Scientech Research LLC purchased a new stake in shares of YPF Sociedad Anónima during the 2nd quarter valued at approximately $418,000. Dark Forest Capital Management LP acquired a new position in YPF Sociedad Anónima in the second quarter valued at approximately $263,000. Duquesne Family Office LLC purchased a new position in YPF Sociedad Anónima in the second quarter worth approximately $12,845,000. Finally, Encompass Capital Advisors LLC increased its stake in YPF Sociedad Anónima by 16.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after acquiring an additional 168,919 shares during the last quarter. 10.08% of the stock is currently owned by institutional investors and hedge funds.

YPF Sociedad Anónima Company Profile

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.