YPF Sociedad Anónima (NYSE:YPF) Upgraded by Citigroup to “Buy” Rating

Citigroup upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a neutral rating to a buy rating in a report published on Friday, MarketBeat reports. The brokerage currently has $33.00 target price on the oil and gas exploration company’s stock, up from their prior target price of $24.00.

Several other research firms have also recently commented on YPF. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their target price for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Bank of America increased their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, September 18th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Monday, October 21st. JPMorgan Chase & Co. increased their price target on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research note on Wednesday. Finally, The Goldman Sachs Group upped their price target 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. Four analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $27.37.

YPF Sociedad Anónima Stock Performance

Shares of NYSE YPF traded up $0.86 during trading on Friday, reaching $25.37. The stock had a trading volume of 2,004,382 shares, compared to its average volume of 1,739,534. 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 stock has a market cap of $9.98 billion, a PE ratio of -12.08, a P/E/G ratio of 0.11 and a beta of 1.78. YPF Sociedad Anónima has a one year low of $9.57 and a one year high of $26.00. The firm’s 50 day moving average price is $23.53 and its two-hundred day moving average price is $21.91.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Thursday, August 8th. The oil and gas exploration company reported $1.32 EPS for the quarter, beating analysts’ consensus estimates of $0.42 by $0.90. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. The company had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.59 billion. On average, research analysts forecast that YPF Sociedad Anónima will post 5.34 earnings per share for the current fiscal year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds have recently modified their holdings of the business. Blue Trust Inc. acquired a new position in YPF Sociedad Anónima in the 2nd quarter valued at approximately $26,000. Transcendent Capital Group LLC acquired a new position in shares of YPF Sociedad Anónima in the 1st quarter valued at $28,000. Ashton Thomas Private Wealth LLC bought a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth about $63,000. Headlands Technologies LLC acquired a new stake in shares of YPF Sociedad Anónima during the 1st quarter valued at about $113,000. Finally, SG Americas Securities LLC acquired a new stake in shares of YPF Sociedad Anónima during the 2nd quarter valued at about $185,000. 10.08% of the stock is owned by institutional investors.

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.