Shares of YPF Sociedad Anónima (NYSE:YPF – Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $45.32, but opened at $47.42. YPF Sociedad Anónima shares last traded at $46.65, with a volume of 500,181 shares trading hands.
Analysts Set New Price Targets
Several analysts have recently issued reports on YPF shares. JPMorgan Chase & Co. raised YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their target price for the stock from $25.00 to $59.50 in a report on Friday. Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price target for the company from $31.00 to $55.00 in a research note on Monday, December 9th. StockNews.com raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Saturday, January 4th. Finally, UBS Group reissued a “neutral” rating and issued a $38.00 price target (up from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. Four equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $39.16.
Get Our Latest Stock Analysis on YPF
YPF Sociedad Anónima Stock Performance
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in YPF. LSV Asset Management grew its holdings in shares of YPF Sociedad Anónima by 34.7% in the second quarter. LSV Asset Management now owns 176,000 shares of the oil and gas exploration company’s stock valued at $3,541,000 after acquiring an additional 45,300 shares in the last quarter. Ashton Thomas Private Wealth LLC bought a new position in YPF Sociedad Anónima during the second quarter valued at about $63,000. Headlands Technologies LLC increased its holdings in YPF Sociedad Anónima by 601.4% during the second quarter. Headlands Technologies LLC now owns 39,947 shares of the oil and gas exploration company’s stock worth $804,000 after buying an additional 34,252 shares during the last quarter. Beverly Hills Private Wealth LLC raised its position in YPF Sociedad Anónima by 6.2% in the second quarter. Beverly Hills Private Wealth LLC now owns 20,181 shares of the oil and gas exploration company’s stock worth $406,000 after acquiring an additional 1,186 shares during the period. Finally, Capital Wealth Planning LLC grew its position in shares of YPF Sociedad Anónima by 22.6% during the 2nd quarter. Capital Wealth Planning LLC now owns 68,068 shares of the oil and gas exploration company’s stock valued at $1,370,000 after acquiring an additional 12,555 shares during the period. 10.08% of the stock is 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.
Further Reading
- Five stocks we like better than YPF Sociedad Anónima
- Why Are Stock Sectors Important to Successful Investing?
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- Breakout Stocks: What They Are and How to Identify Them
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
- What is a Low P/E Ratio and What Does it Tell Investors?
- 3 EV Stocks Offering Unique Alternatives to Tesla
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.