YPF Sociedad Anónima (NYSE:YPF) Stock Has Consensus Target Price of $60.33 According to Brokerages

YPF Sociedad Anónima (NYSE:YPF) has received an average rating of “Moderate Buy” from the six analysts that are currently covering the company, MarketBeat.com reports. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $60.33.

A number of equities research analysts have weighed in on YPF shares. JPMorgan Chase & Co. upped their price target on shares of YPF Sociedad Anónima from $61.50 to $66.00 and gave the company an “overweight” rating in a report on Tuesday, September 1st. Weiss Ratings lowered shares of YPF Sociedad Anónima from a “hold (c)” rating to a “hold (c-)” rating in a research note on Monday, September 21st. HSBC upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a report on Monday, August 17th. UBS Group upped their price target on YPF Sociedad Anónima from $48.00 to $55.00 and gave the company a “neutral” rating in a report on Thursday, August 27th. Finally, Wall Street Zen raised YPF Sociedad Anónima from a “buy” rating to a “strong-buy” rating in a research note on Saturday, July 18th.

YPF Sociedad Anónima Stock Performance

YPF opened at $51.18 on Tuesday. The company has a market capitalization of $20.13 billion, a price-to-earnings ratio of 26.94 and a beta of 1.22. The company has a debt-to-equity ratio of 0.70, a current ratio of 0.93 and a quick ratio of 0.72. YPF Sociedad Anónima has a 1-year low of $23.37 and a 1-year high of $57.87. The business has a 50 day moving average price of $51.82 and a two-hundred day moving average price of $48.68.

YPF Sociedad Anónima (NYSE:YPF) last issued its quarterly earnings results on Monday, August 10th. The oil and gas exploration company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.26 by $0.81. The company had revenue of $6.57 billion for the quarter, compared to analysts’ expectations of $5.99 billion. YPF Sociedad Anónima had a return on equity of 10.86% and a net margin of 3.60%. Research analysts predict that YPF Sociedad Anónima will post 8.12 EPS for the current fiscal year.

Institutional Trading of YPF Sociedad Anónima

A number of hedge funds have recently bought and sold shares of YPF. Financial Management Professionals Inc. purchased a new position in shares of YPF Sociedad Anónima in the second quarter worth approximately $27,000. GAMMA Investing LLC boosted its stake in YPF Sociedad Anónima by 13.0% in the 2nd quarter. GAMMA Investing LLC now owns 1,934 shares of the oil and gas exploration company’s stock worth $88,000 after purchasing an additional 223 shares during the period. DGS Capital Management LLC acquired a new position in YPF Sociedad Anónima in the 1st quarter worth approximately $237,000. Diversify Wealth Management LLC purchased a new position in YPF Sociedad Anónima during the 1st quarter worth approximately $259,000. Finally, Royal Bank of Canada raised its stake in YPF Sociedad Anónima by 31.2% during the 1st quarter. Royal Bank of Canada now owns 7,556 shares of the oil and gas exploration company’s stock valued at $349,000 after purchasing an additional 1,796 shares during the period. 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. Its activities span the exploration, development and production of crude oil and natural gas, with a significant focus on unconventional resources in the Vaca Muerta formation in the Neuquén Basin.

The company also operates downstream businesses, including petroleum refining, the production and marketing of fuels, lubricants and petrochemical products, and a nationwide network of service stations. YPF supplies energy products to industrial, commercial and consumer customers in Argentina and participates in the development of natural gas and other energy infrastructure.

Founded in 1922, YPF was privatized during the 1990s and returned to majority state ownership in 2012.