Jefferies Financial Group Upgrades YPF Sociedad Anónima (NYSE:YPF) to “Buy”

YPF Sociedad Anónima (NYSE:YPF) was upgraded by equities research analysts at Jefferies Financial Group from a “hold” rating to a “buy” rating in a note issued to investors on Friday, MarketBeat reports. The brokerage currently has a $30.00 price objective on the oil and gas exploration company’s stock, up from their prior price objective of $23.50. Jefferies Financial Group’s target price indicates a potential upside of 26.58% from the company’s previous close.

Several other research analysts have also commented on YPF. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Monday, August 12th. Bank of America upgraded shares of YPF Sociedad Anónima from an “underperform” rating to a “neutral” rating in a report on Thursday, May 23rd. The Goldman Sachs Group increased their price target on YPF Sociedad Anónima from $22.90 to $25.60 and gave the company a “neutral” rating in a report on Thursday, July 25th. Finally, JPMorgan Chase & Co. boosted their price objective on YPF Sociedad Anónima from $18.50 to $20.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 28th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, YPF Sociedad Anónima currently has a consensus rating of “Hold” and a consensus price target of $24.77.

YPF Sociedad Anónima Stock Performance

YPF Sociedad Anónima stock opened at $23.70 on Friday. The company has a market cap of $9.32 billion, a price-to-earnings ratio of -9.26, a price-to-earnings-growth ratio of 0.09 and a beta of 1.89. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $24.76. The company has a debt-to-equity ratio of 0.71, a current ratio of 0.93 and a quick ratio of 0.73. The stock’s 50-day moving average is $20.51 and its 200-day moving average is $20.44.

Institutional Trading of YPF Sociedad Anónima

Hedge funds and other institutional investors have recently modified their holdings of the business. Ping Capital Management Inc. bought a new stake in shares of YPF Sociedad Anónima in the second quarter worth $51,676,000. Encompass Capital Advisors LLC raised its stake in shares of YPF Sociedad Anónima by 16.9% in the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock valued at $23,519,000 after purchasing an additional 168,919 shares in the last quarter. BNP Paribas Financial Markets lifted its position in shares of YPF Sociedad Anónima by 2,877.9% during the fourth quarter. BNP Paribas Financial Markets now owns 1,051,599 shares of the oil and gas exploration company’s stock worth $18,077,000 after purchasing an additional 1,016,286 shares during the last quarter. Marshall Wace LLP grew its stake in YPF Sociedad Anónima by 6,194.9% in the second quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after purchasing an additional 932,212 shares in the last quarter. Finally, Discovery Capital Management LLC CT increased its holdings in YPF Sociedad Anónima by 6.9% in the second quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after buying an additional 48,000 shares during the last quarter. 10.08% of the stock is owned by hedge funds and other 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.