YPF Sociedad Anónima (NYSE:YPF) Price Target Raised to $24.00

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

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

YPF Sociedad Anónima Stock Down 1.7 %

YPF Sociedad Anónima stock opened at $21.68 on Wednesday. The firm has a 50 day moving average price of $21.62 and a 200-day moving average price of $21.20. 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 capitalization of $8.53 billion, a P/E ratio of -8.47, a P/E/G ratio of 0.11 and a beta of 1.81.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings data on Thursday, August 8th. The oil and gas exploration company reported $1.32 earnings per share for the quarter, beating the consensus estimate of $0.42 by $0.90. The business had revenue of $4.94 billion during the quarter, compared to analyst estimates of $4.59 billion. YPF Sociedad Anónima had a positive return on equity of 22.86% and a negative net margin of 4.57%. As a group, equities analysts predict that YPF Sociedad Anónima will post 5.12 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Hennessy Advisors Inc. grew its position in YPF Sociedad Anónima by 44.0% during the first quarter. Hennessy Advisors Inc. now owns 389,500 shares of the oil and gas exploration company’s stock worth $7,712,000 after buying an additional 119,000 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in shares of YPF Sociedad Anónima during the fourth quarter worth about $1,234,000. Banco BTG Pactual S.A. increased its position in shares of YPF Sociedad Anónima by 914.9% in the fourth quarter. Banco BTG Pactual S.A. now owns 124,222 shares of the oil and gas exploration company’s stock worth $2,113,000 after purchasing an additional 111,982 shares during the last quarter. Fourth Sail Capital LP purchased a new stake in YPF Sociedad Anónima in the first quarter valued at approximately $14,576,000. Finally, Quantbot Technologies LP bought a new stake in YPF Sociedad Anónima during the first quarter valued at approximately $1,077,000. Institutional investors 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.