YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Saturday.
Other research analysts have also issued research reports about the stock. Citigroup lowered shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and raised their price objective for the company from $33.00 to $44.00 in a report on Wednesday, November 27th. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and raised their price target for the company from $31.00 to $55.00 in a research note on Monday, December 9th. UBS Group reissued a “neutral” rating and issued a $38.00 price objective (up previously from $30.00) on shares of YPF Sociedad Anónima in a research note on Wednesday, December 4th. JPMorgan Chase & Co. raised their target price on YPF Sociedad Anónima from $24.00 to $25.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Finally, Jefferies Financial Group raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating and lifted their target price for the stock from $23.50 to $30.00 in a report on Friday, August 30th. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $34.23.
View Our Latest Analysis on YPF
YPF Sociedad Anónima Price Performance
Hedge Funds Weigh In On YPF Sociedad Anónima
Hedge funds have recently bought and sold shares of the company. Dorsey Wright & Associates grew its holdings in YPF Sociedad Anónima by 12.5% during the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after acquiring an additional 28,617 shares during the period. Banco Santander S.A. acquired a new stake in YPF Sociedad Anónima during the second quarter worth approximately $270,000. Prospera Financial Services Inc increased its holdings in YPF Sociedad Anónima by 60.8% in the third quarter. Prospera Financial Services Inc now owns 71,251 shares of the oil and gas exploration company’s stock worth $1,511,000 after purchasing an additional 26,936 shares in the last quarter. Squarepoint Ops LLC acquired a new position in YPF Sociedad Anónima in the second quarter valued at approximately $6,890,000. Finally, Mirabella Financial Services LLP lifted its stake in YPF Sociedad Anónima by 59.7% in the third quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock valued at $2,725,000 after buying an additional 48,025 shares during the period. Institutional investors own 10.08% of the company’s stock.
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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