YPF Sociedad Anónima (NYSE:YPF) Stock Gets Price Target Trim from JPMorgan Chase & Co.

YPF Sociedad Anónima (NYSE:YPF) had its price target trimmed by JPMorgan Chase & Co. from $66.00 to $60.50 in a report published on Thursday,Benzinga reports. The brokerage currently has an overweight rating on the oil and gas exploration company’s stock.

Other equities research analysts have also issued research reports about the stock. HSBC raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a report on Monday, August 17th. Wall Street Zen raised shares of YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 18th. UBS Group lifted their target price on shares of YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a research report on Thursday, August 27th. Finally, Weiss Ratings upgraded shares of YPF Sociedad Anónima from a “hold (c-)” rating to a “hold (c)” rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, YPF Sociedad Anónima presently has an average rating of “Moderate Buy” and a consensus price target of $58.50.

YPF Sociedad Anónima Stock Performance

Shares of YPF stock opened at $46.91 on Thursday. The company has a market capitalization of $18.45 billion, a P/E ratio of 8.64 and a beta of 1.22. The business’s 50 day moving average is $51.71 and its two-hundred day moving average is $46.30. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 0.65. YPF Sociedad Anónima has a 12-month low of $32.74 and a 12-month high of $57.87.

YPF Sociedad Anónima (NYSE:YPF) last posted its quarterly earnings data on Thursday, October 29th. The oil and gas exploration company reported $3.00 EPS for the quarter, beating analysts’ consensus estimates of $1.92 by $1.08. The business had revenue of $6.56 billion during the quarter, compared to analysts’ expectations of $5.57 billion. YPF Sociedad Anónima had a return on equity of 17.23% and a net margin of 9.42%. Analysts expect that YPF Sociedad Anónima will post 9.08 EPS for the current fiscal year.

Hedge Funds Weigh In On YPF Sociedad Anónima

Several hedge funds and other institutional investors have recently modified their holdings of YPF. Oaktree Capital Management LP purchased a new stake in shares of YPF Sociedad Anónima in the first quarter valued at approximately $40,972,000. Oaktree Fund Advisors LLC acquired a new stake in shares of YPF Sociedad Anónima in the first quarter valued at approximately $5,019,000. RWC Asset Advisors US LLC purchased a new position in YPF Sociedad Anónima during the second quarter worth approximately $12,216,000. BlueCrest Capital Management Ltd lifted its position in YPF Sociedad Anónima by 52.9% during the second quarter. BlueCrest Capital Management Ltd now owns 66,504 shares of the oil and gas exploration company’s stock worth $3,024,000 after buying an additional 23,004 shares in the last quarter. Finally, Candriam S.C.A. lifted its position in YPF Sociedad Anónima by 202.0% during the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company’s stock worth $20,522,000 after buying an additional 297,000 shares in the last quarter. 10.08% of the stock is owned by hedge funds and other institutional investors.

About YPF Sociedad Anónima

YPF Sociedad Anónima is an integrated energy company based in Argentina and one of the country’s principal oil and gas producers. The company explores for, develops and produces crude oil and natural gas, with operations that include both conventional and unconventional resources. YPF is also a major participant in the development of the Vaca Muerta shale formation in the Neuquén Basin.

Through its downstream operations, YPF refines crude oil and markets fuels, lubricants and other petroleum products.