YPF Sociedad Anónima (NYSE:YPF) PT Raised to $24.00

YPF Sociedad Anónima (NYSE:YPF) had its price target raised by JPMorgan Chase & Co. from $20.50 to $24.00 in a research note released on Wednesday, Benzinga reports. They currently have a neutral rating on the oil and gas exploration company’s stock.

A number of other research analysts have also recently commented on the company. Jefferies Financial Group raised YPF Sociedad Anónima from a hold rating to a buy rating and upped their price target for the company from $23.50 to $30.00 in a research report on Friday, August 30th. Bank of America upped their price objective on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a neutral rating in a report on Wednesday, September 18th. The Goldman Sachs Group lifted their target price on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a neutral rating in a research note on Thursday, July 25th. Finally, StockNews.com upgraded shares of YPF Sociedad Anónima from a hold rating to a buy rating in a research note on Monday, August 12th. Five equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of Hold and an average target price of $25.94.

YPF Sociedad Anónima Stock Performance

NYSE YPF opened at $21.68 on Wednesday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 0.73 and a current ratio of 0.93. The company has a market capitalization of $8.53 billion, a PE ratio of -8.47, a price-to-earnings-growth ratio of 0.11 and a beta of 1.81. YPF Sociedad Anónima has a 52-week low of $9.57 and a 52-week high of $24.76. The company has a 50-day simple moving average of $21.62 and a 200 day simple moving average of $21.22.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, topping analysts’ consensus estimates of $0.42 by $0.90. YPF Sociedad Anónima had a negative net margin of 4.57% and a positive return on equity of 22.86%. The company had revenue of $4.94 billion for the quarter, compared to analysts’ expectations of $4.59 billion. On average, research analysts predict that YPF Sociedad Anónima will post 5.12 EPS for the current year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Large investors have recently modified their holdings of the company. Blue Trust Inc. purchased a new stake in YPF Sociedad Anónima in the 2nd quarter worth approximately $26,000. Transcendent Capital Group LLC bought a new position in shares of YPF Sociedad Anónima in the first quarter worth $28,000. Ashton Thomas Private Wealth LLC purchased a new stake in shares of YPF Sociedad Anónima in the second quarter worth $63,000. Headlands Technologies LLC bought a new stake in YPF Sociedad Anónima during the first quarter valued at $113,000. Finally, SG Americas Securities LLC bought a new stake in YPF Sociedad Anónima during the second quarter valued at $185,000. 10.08% of the stock is currently owned by institutional investors.

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.