YPF Sociedad Anónima (NYSE:YPF) Hits New 12-Month High – Still a Buy?

YPF Sociedad Anónima (NYSE:YPF)’s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as $31.22 and last traded at $31.22, with a volume of 2135 shares trading hands. The stock had previously closed at $30.91.

Analysts Set New Price Targets

YPF has been the topic of several recent analyst reports. Citigroup raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $24.00 to $33.00 in a research report on Friday, November 1st. Bank of America boosted their price objective on YPF Sociedad Anónima from $28.00 to $29.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 18th. Jefferies Financial Group upgraded YPF Sociedad Anónima from a “hold” rating to a “buy” rating and upped their price objective for the company from $23.50 to $30.00 in a research note on Friday, August 30th. The Goldman Sachs Group lifted their target price on YPF Sociedad Anónima from $22.90 to $25.60 and gave the stock a “neutral” rating in a research note on Thursday, July 25th. Finally, JPMorgan Chase & Co. increased their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research report on Wednesday, October 30th. Five investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $27.37.

YPF Sociedad Anónima Trading Up 3.0 %

The company has a market cap of $12.52 billion, a P/E ratio of -14.72, a price-to-earnings-growth ratio of 0.10 and a beta of 1.78. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 0.71. The firm’s 50-day moving average price is $24.52 and its 200-day moving average price is $22.41.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several institutional investors have recently made changes to their positions in YPF. Mirabella Financial Services LLP raised its stake in shares of YPF Sociedad Anónima by 59.7% during the 3rd 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 purchasing an additional 48,025 shares during the period. Activest Wealth Management bought a new stake in shares of YPF Sociedad Anónima during the third quarter valued at about $144,000. Prospera Financial Services Inc lifted its holdings in shares of 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 buying an additional 26,936 shares in the last quarter. Aigen Investment Management LP boosted its position in shares of YPF Sociedad Anónima by 105.2% in the third quarter. Aigen Investment Management LP now owns 29,783 shares of the oil and gas exploration company’s stock valued at $632,000 after acquiring an additional 15,266 shares during the period. Finally, Diversify Wealth Management LLC grew its stake in YPF Sociedad Anónima by 4.8% during the third quarter. Diversify Wealth Management LLC now owns 57,330 shares of the oil and gas exploration company’s stock valued at $1,216,000 after acquiring an additional 2,608 shares in the last quarter. Hedge funds and other institutional investors own 10.08% of the company’s stock.

About YPF Sociedad Anónima

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.