StockNews.com cut shares of YPF Sociedad Anónima (NYSE:YPF – Free Report) from a buy rating to a hold rating in a report released on Monday morning.
Several other equities analysts have also recently issued reports on YPF. Citigroup raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $24.00 to $33.00 in a report on Friday, November 1st. JPMorgan Chase & Co. upped their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and boosted their target price for the company from $23.50 to $30.00 in a research note on Friday, August 30th. Bank of America increased their price target on shares of YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a report on Wednesday, September 18th. Finally, The Goldman Sachs Group lifted their price objective on shares of YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a report on Thursday, July 25th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $27.37.
Read Our Latest Stock Report on YPF
YPF Sociedad Anónima Stock Up 7.8 %
Institutional Inflows and Outflows
Hedge funds have recently modified their holdings of the stock. Blue Trust Inc. purchased a new stake in YPF Sociedad Anónima during the 2nd quarter worth approximately $26,000. Transcendent Capital Group LLC purchased a new position in YPF Sociedad Anónima in the 1st quarter valued at $28,000. Ashton Thomas Private Wealth LLC acquired a new stake in YPF Sociedad Anónima during the 2nd quarter worth $63,000. Activest Wealth Management purchased a new stake in shares of YPF Sociedad Anónima during the third quarter worth $144,000. Finally, SG Americas Securities LLC acquired a new stake in shares of YPF Sociedad Anónima in the second quarter valued at about $185,000. 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.
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