YPF Sociedad Anónima (NYSE:YPF) Downgraded to “Neutral” Rating by Citigroup

Citigroup downgraded shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a neutral rating in a report published on Wednesday, MarketBeat reports. The firm currently has $44.00 price target on the oil and gas exploration company’s stock, up from their prior price target of $33.00.

A number of other analysts have also recently commented on the company. Bank of America lifted their target price 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. JPMorgan Chase & Co. boosted their price objective on YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a research note on Wednesday, October 30th. Jefferies Financial Group upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their target price for the stock from $23.50 to $30.00 in a research report on Friday, August 30th. Finally, StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research report on Tuesday. Five investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Trading Down 0.8 %

Shares of YPF Sociedad Anónima stock opened at $39.71 on Wednesday. The company has a fifty day simple moving average of $26.90 and a 200-day simple moving average of $23.26. YPF Sociedad Anónima has a 12-month low of $14.53 and a 12-month high of $42.30. The company has a current ratio of 0.88, a quick ratio of 0.68 and a debt-to-equity ratio of 0.59. The stock has a market cap of $15.62 billion, a price-to-earnings ratio of 20.22, a PEG ratio of 0.13 and a beta of 1.78.

Institutional Trading of YPF Sociedad Anónima

Several hedge funds have recently made changes to their positions in YPF. Ping Capital Management Inc. purchased a new position in YPF Sociedad Anónima during the second quarter worth about $51,676,000. Encompass Capital Advisors LLC increased its position in YPF Sociedad Anónima by 16.9% during the 2nd quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after purchasing an additional 168,919 shares during the period. Marshall Wace LLP raised its stake in shares of YPF Sociedad Anónima by 6,194.9% during the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock worth $19,059,000 after buying an additional 932,212 shares in the last quarter. Discovery Capital Management LLC CT lifted its holdings in shares of YPF Sociedad Anónima by 6.9% in the 2nd quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after buying an additional 48,000 shares during the period. Finally, Duquesne Family Office LLC purchased a new stake in shares of YPF Sociedad Anónima in the second quarter valued at approximately $12,845,000. Institutional investors and hedge funds 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.