YPF (YPF) Rating Lowered to Neutral at Credit Suisse Group

YPF (NYSE:YPF) was downgraded by research analysts at Credit Suisse Group from an “outperform” rating to a “neutral” rating in a research note issued on Monday, The Fly reports.

Several other analysts have also recently weighed in on YPF. Zacks Investment Research raised shares of YPF from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Thursday, October 5th. Citigroup assumed coverage on shares of YPF in a research note on Monday, October 9th. They issued a “buy” rating and a $28.00 price objective on the stock. JPMorgan Chase & Co. raised shares of YPF from a “neutral” rating to an “overweight” rating and set a $29.00 price objective on the stock in a research note on Wednesday, October 25th. Finally, Santander raised shares of YPF from a “hold” rating to a “buy” rating in a research note on Monday, December 11th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and four have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $28.00.

Shares of YPF (NYSE YPF) opened at $25.90 on Monday. The firm has a market cap of $10,186.81, a price-to-earnings ratio of 80.94 and a beta of 2.07. YPF has a one year low of $18.41 and a one year high of $26.70. The company has a debt-to-equity ratio of 1.13, a quick ratio of 0.96 and a current ratio of 1.28.

YPF (NYSE:YPF) last issued its quarterly earnings data on Wednesday, November 15th. The oil and gas exploration company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.09). YPF had a return on equity of 1.71% and a net margin of 0.89%. The business had revenue of $3.82 billion during the quarter, compared to the consensus estimate of $3.54 billion. sell-side analysts expect that YPF will post 0.16 EPS for the current year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL lifted its holdings in YPF by 6.2% in the second quarter. Tudor Investment Corp ET AL now owns 21,880 shares of the oil and gas exploration company’s stock valued at $479,000 after buying an additional 1,275 shares during the period. BNP Paribas Arbitrage SA lifted its holdings in YPF by 15.1% in the third quarter. BNP Paribas Arbitrage SA now owns 15,648 shares of the oil and gas exploration company’s stock valued at $349,000 after buying an additional 2,053 shares during the period. FNY Partners Fund LP lifted its holdings in YPF by 163.2% in the third quarter. FNY Partners Fund LP now owns 5,000 shares of the oil and gas exploration company’s stock valued at $111,000 after buying an additional 3,100 shares during the period. BARING ASSET MANAGEMENT Ltd lifted its holdings in YPF by 1.6% in the third quarter. BARING ASSET MANAGEMENT Ltd now owns 271,258 shares of the oil and gas exploration company’s stock valued at $6,044,000 after buying an additional 4,348 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. lifted its holdings in YPF by 29.7% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 19,060 shares of the oil and gas exploration company’s stock valued at $425,000 after buying an additional 4,360 shares during the period. Institutional investors and hedge funds own 28.88% of the company’s stock.

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About YPF

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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