YPF Sociedad Anónima (NYSE:YPF) Upgraded to “Buy” at Citigroup

YPF Sociedad Anónima (NYSE:YPF) was upgraded by equities researchers at Citigroup from a “neutral” rating to a “buy” rating in a research note issued to investors on Monday,Benzinga reports. The firm currently has a $48.00 target price on the oil and gas exploration company’s stock, up from their previous target price of $44.00. Citigroup’s price objective would indicate a potential upside of 33.85% from the stock’s previous close.

YPF has been the subject of a number of other reports. Hsbc Global Res upgraded YPF Sociedad Anónima to a “hold” rating in a research note on Monday, April 14th. StockNews.com downgraded YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research note on Tuesday, March 18th. Finally, HSBC upgraded YPF Sociedad Anónima from a “reduce” rating to a “hold” rating and raised their price target for the company from $21.00 to $33.00 in a research note on Monday, April 14th. Five research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, YPF Sociedad Anónima has an average rating of “Hold” and a consensus target price of $41.30.

YPF Sociedad Anónima Stock Up 0.3%

Shares of YPF Sociedad Anónima stock opened at $35.86 on Monday. The business’s 50 day simple moving average is $32.82 and its 200 day simple moving average is $36.59. YPF Sociedad Anónima has a 52-week low of $16.18 and a 52-week high of $47.43. The firm has a market cap of $14.10 billion, a PE ratio of 18.11, a P/E/G ratio of 0.18 and a beta of 1.89. 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 (NYSE:YPF) last posted its quarterly earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by ($1.25). The company had revenue of $4.75 billion during the quarter, compared to the consensus estimate of $4.86 billion. YPF Sociedad Anónima had a net margin of 4.15% and a return on equity of 32.76%. On average, analysts predict that YPF Sociedad Anónima will post 7.25 earnings per share for the current fiscal year.

Institutional Trading of YPF Sociedad Anónima

Institutional investors have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. boosted its stake in YPF Sociedad Anónima by 335.6% in the 4th quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock valued at $46,395,000 after purchasing an additional 840,842 shares during the period. Strategic Financial Concepts LLC acquired a new position in YPF Sociedad Anónima in the 4th quarter valued at $2,927,000. Vaughan Nelson Investment Management L.P. acquired a new position in YPF Sociedad Anónima in the 4th quarter valued at $2,244,000. Fourth Sail Capital LP acquired a new position in YPF Sociedad Anónima in the 4th quarter valued at $5,667,000. Finally, Blue Trust Inc. raised its holdings in YPF Sociedad Anónima by 16.1% in the 4th quarter. Blue Trust Inc. now owns 2,427 shares of the oil and gas exploration company’s stock valued at $103,000 after acquiring an additional 336 shares in the last quarter. 10.08% of the stock is currently 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.