YPF Sociedad Anónima (NYSE:YPF) Lowered to “Hold” Rating by StockNews.com

StockNews.com cut shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a hold rating in a research report released on Monday.

A number of other research analysts also recently commented on YPF. JPMorgan Chase & Co. raised their target price on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group upped their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a report on Thursday, July 25th. Bank of America lifted their price target on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a report on Wednesday, September 18th. Citigroup upgraded YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $24.00 to $33.00 in a research note on Friday, November 1st. Finally, Jefferies Financial Group upgraded 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 research note on Friday, August 30th. Five analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $27.37.

YPF Sociedad Anónima Price Performance

YPF opened at $34.93 on Monday. The company has a market capitalization of $13.74 billion, a price-to-earnings ratio of 17.64, a PEG ratio of 0.11 and a beta of 1.78. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. YPF Sociedad Anónima has a 12-month low of $13.34 and a 12-month high of $35.67. The business’s fifty day simple moving average is $24.87 and its 200-day simple moving average is $22.56.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several institutional investors have recently added to or reduced their stakes in the business. ABS Direct Equity Fund LLC purchased a new position in shares of YPF Sociedad Anónima in the 3rd quarter valued at approximately $318,000. Dorsey Wright & Associates raised its holdings in shares of YPF Sociedad Anónima by 12.5% in the third quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after buying an additional 28,617 shares during the last quarter. Insigneo Advisory Services LLC lifted its stake in shares of YPF Sociedad Anónima by 6.7% during the third quarter. Insigneo Advisory Services LLC now owns 47,348 shares of the oil and gas exploration company’s stock worth $1,004,000 after buying an additional 2,992 shares during the period. Itau Unibanco Holding S.A. purchased a new stake in shares of YPF Sociedad Anónima during the third quarter valued at $4,539,000. Finally, Mirabella Financial Services LLP increased its position in shares of YPF Sociedad Anónima by 59.7% in the 3rd quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock valued at $2,725,000 after acquiring an additional 48,025 shares during the period. Institutional investors and hedge funds own 10.08% of the company’s stock.

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.