YPF Sociedad Anonima (NYSE:YPF) Stock Rating Upgraded by Zacks Investment Research
YPF Sociedad Anonima (NYSE:YPF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a note issued to investors on Tuesday.
According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “
A number of other analysts have also commented on YPF. BidaskClub lowered YPF Sociedad Anonima from a “sell” rating to a “strong sell” rating in a research report on Monday. ValuEngine upgraded YPF Sociedad Anonima from a “sell” rating to a “hold” rating in a research note on Friday, June 2nd. Credit Suisse Group reiterated a “market perform” rating on shares of YPF Sociedad Anonima in a research note on Friday, April 14th. Finally, J P Morgan Chase & Co reiterated an “underweight” rating on shares of YPF Sociedad Anonima in a research note on Tuesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $24.70.
Shares of YPF Sociedad Anonima (NYSE YPF) traded up 1.04% on Tuesday, reaching $20.36. The company had a trading volume of 309,904 shares. The stock has a 50-day moving average price of $22.20 and a 200-day moving average price of $22.87. The stock’s market cap is $7.95 billion. YPF Sociedad Anonima has a 12 month low of $15.00 and a 12 month high of $26.48.
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A number of institutional investors have recently added to or reduced their stakes in YPF. Quantbot Technologies LP increased its position in YPF Sociedad Anonima by 49.0% in the first quarter. Quantbot Technologies LP now owns 7,125 shares of the oil and gas exploration company’s stock worth $172,000 after buying an additional 2,343 shares during the period. Private Advisory Group LLC bought a new position in YPF Sociedad Anonima during the first quarter worth about $210,000. United Capital Financial Advisers LLC bought a new position in YPF Sociedad Anonima during the first quarter worth about $225,000. Fisher Asset Management LLC bought a new position in YPF Sociedad Anonima during the second quarter worth about $246,000. Finally, Fox Run Management L.L.C. bought a new position in YPF Sociedad Anonima during the second quarter worth about $318,000. Institutional investors and hedge funds own 30.16% of the company’s stock.
YPF Sociedad Anonima Company Profile
YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts.
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