YPF Sociedad Anónima (NYSE:YPF) Price Target Raised to $20.00 at The Goldman Sachs Group

YPF Sociedad Anónima (NYSE:YPFFree Report) had its price objective increased by The Goldman Sachs Group from $17.40 to $20.00 in a report issued on Thursday, Benzinga reports. The firm currently has a neutral rating on the oil and gas exploration company’s stock.

A number of other research analysts have also commented on YPF. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an underweight rating to an equal weight rating and upped their price target for the company from $10.50 to $22.00 in a research note on Thursday, March 21st. UBS Group raised shares of YPF Sociedad Anónima from a neutral rating to a buy rating and boosted their price objective for the company from $18.00 to $27.00 in a report on Thursday, February 22nd. Citigroup downgraded shares of YPF Sociedad Anónima from a buy rating to a neutral rating and boosted their price objective for the company from $20.00 to $24.00 in a report on Wednesday, April 17th. Finally, StockNews.com downgraded shares of YPF Sociedad Anónima from a buy rating to a hold rating in a report on Tuesday, April 16th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anónima has a consensus rating of Hold and an average price target of $20.58.

Read Our Latest Report on YPF

YPF Sociedad Anónima Stock Up 1.4 %

Shares of YPF opened at $19.34 on Thursday. YPF Sociedad Anónima has a 52 week low of $9.57 and a 52 week high of $22.27. The firm has a market cap of $7.61 billion, a P/E ratio of -5.77 and a beta of 1.90. The firm’s 50-day simple moving average is $18.89 and its 200 day simple moving average is $16.21. The company has a debt-to-equity ratio of 0.77, a quick ratio of 0.56 and a current ratio of 0.90.

YPF Sociedad Anónima (NYSE:YPFGet Free Report) last announced its quarterly earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). YPF Sociedad Anónima had a negative net margin of 7.58% and a positive return on equity of 17.33%. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.47 billion. On average, analysts forecast that YPF Sociedad Anónima will post 6.14 earnings per share for the current year.

Institutional Trading of YPF Sociedad Anónima

Institutional investors and hedge funds have recently made changes to their positions in the company. Citigroup Inc. lifted its holdings in shares of YPF Sociedad Anónima by 50.9% during the 3rd quarter. Citigroup Inc. now owns 4,753,658 shares of the oil and gas exploration company’s stock worth $58,232,000 after acquiring an additional 1,604,368 shares during the period. Connor Clark & Lunn Investment Management Ltd. lifted its stake in YPF Sociedad Anónima by 6.0% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 883,850 shares of the oil and gas exploration company’s stock valued at $10,827,000 after purchasing an additional 50,173 shares during the last quarter. LSV Asset Management lifted its stake in YPF Sociedad Anónima by 231.3% in the 3rd quarter. LSV Asset Management now owns 99,400 shares of the oil and gas exploration company’s stock valued at $1,218,000 after purchasing an additional 69,400 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in YPF Sociedad Anónima by 55.1% in the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 535,361 shares of the oil and gas exploration company’s stock valued at $9,203,000 after purchasing an additional 190,098 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its stake in YPF Sociedad Anónima by 1.4% in the 3rd quarter. Hsbc Holdings PLC now owns 458,781 shares of the oil and gas exploration company’s stock valued at $5,622,000 after purchasing an additional 6,186 shares during the last quarter. Institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

(Get Free Report)

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, natural gas, and NGLs. The company's downstream operations include the refining, marketing, and distribution of oil and petroleum products, as well as petroleum derivatives, such as petrochemicals, hydrocarbons, non-fossil fuels, biofuels, and related components; and production of hydrocarbons electric power.

See Also

Analyst Recommendations for YPF Sociedad Anónima (NYSE:YPF)

Receive News & Ratings for YPF Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.