YPF Sociedad Anónima (NYSE:YPF) Downgraded to “Neutral” Rating by Citigroup

YPF Sociedad Anónima (NYSE:YPF) was downgraded by stock analysts at Citigroup from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Wednesday, MarketBeat Ratings reports. They currently have a $44.00 price objective on the oil and gas exploration company’s stock, up from their previous price objective of $33.00. Citigroup’s price target suggests a potential upside of 9.89% from the company’s previous close.

A number of other research analysts have also recently weighed in on YPF. Bank of America boosted their target price 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. StockNews.com upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their target price for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. upped their price target on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Price Performance

Shares of NYSE:YPF opened at $40.04 on Wednesday. The company has a market capitalization of $15.75 billion, a P/E ratio of 20.22, a price-to-earnings-growth ratio of 0.13 and a beta of 1.78. The company’s 50-day moving average is $26.90 and its 200 day moving average is $23.26. The company has a debt-to-equity ratio of 0.59, a quick ratio of 0.68 and a current ratio of 0.88. YPF Sociedad Anónima has a fifty-two week low of $14.53 and a fifty-two week high of $42.30.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds and other institutional investors have recently modified their holdings of YPF. Blue Trust Inc. purchased a new position in shares of YPF Sociedad Anónima during the 2nd quarter valued at $26,000. Ashton Thomas Private Wealth LLC bought a new position in YPF Sociedad Anónima in the 2nd quarter worth about $63,000. Activest Wealth Management bought a new position in YPF Sociedad Anónima in the 3rd quarter worth about $144,000. SG Americas Securities LLC purchased a new stake in shares of YPF Sociedad Anónima in the 2nd quarter valued at about $185,000. Finally, Deltec Asset Management LLC bought a new stake in shares of YPF Sociedad Anónima during the 3rd quarter valued at about $201,000. 10.08% of the stock is currently 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.