YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by equities research analysts at StockNews.com from a “buy” rating to a “hold” rating in a report released on Wednesday.
Other analysts also recently issued research reports about the stock. Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Bank of America lifted their price target 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. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and increased their price objective for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, JPMorgan Chase & Co. boosted their target price 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. Seven research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima presently has an average rating of “Hold” and an average target price of $30.51.
Check Out Our Latest Stock Report on YPF Sociedad Anónima
YPF Sociedad Anónima Stock Up 0.2 %
Hedge Funds Weigh In On YPF Sociedad Anónima
Institutional investors and hedge funds have recently bought and sold shares of the company. Cetera Advisors LLC lifted its holdings in YPF Sociedad Anónima by 2.6% during the first quarter. Cetera Advisors LLC now owns 42,492 shares of the oil and gas exploration company’s stock valued at $841,000 after purchasing an additional 1,066 shares during the last quarter. SG Americas Securities LLC bought a new position in YPF Sociedad Anónima in the 2nd quarter worth approximately $185,000. Blue Trust Inc. purchased a new position in YPF Sociedad Anónima in the 2nd quarter valued at approximately $26,000. Banco Santander S.A. bought a new stake in YPF Sociedad Anónima during the 2nd quarter valued at $270,000. Finally, Strategic Financial Concepts LLC bought a new stake in YPF Sociedad Anónima during the 2nd quarter valued at $618,000. 10.08% of the stock is owned by institutional investors.
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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