YPF Sociedad Anónima (NYSE:YPF) Upgraded to “Buy” at Citigroup

YPF Sociedad Anónima (NYSE:YPF) was upgraded by Citigroup from a “neutral” rating to a “buy” rating in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a $48.00 price objective on the oil and gas exploration company’s stock, up from their prior price objective of $44.00. Citigroup’s price target would indicate a potential upside of 33.85% from the company’s previous close.

A number of other equities analysts have also recently issued reports on YPF. StockNews.com cut YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a report on Tuesday, March 18th. Hsbc Global Res upgraded YPF Sociedad Anónima to a “hold” rating in a report on Monday, April 14th. Finally, HSBC upgraded YPF Sociedad Anónima from a “reduce” rating to a “hold” rating and raised their target price for the stock from $21.00 to $33.00 in a report on Monday, April 14th. Five analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $41.30.

YPF Sociedad Anónima Price Performance

YPF Sociedad Anónima stock opened at $35.86 on Monday. The business’s 50-day simple moving average is $32.82 and its 200 day simple moving average is $36.59. The stock has a market cap of $14.10 billion, a price-to-earnings ratio of 18.11, a P/E/G ratio of 0.18 and a beta of 1.89. YPF Sociedad Anónima has a 12-month low of $16.18 and a 12-month high of $47.43. The company has a quick ratio of 0.68, a current ratio of 0.88 and a debt-to-equity ratio of 0.59.

YPF Sociedad Anónima (NYSE:YPF) last issued its earnings results on Friday, March 7th. The oil and gas exploration company reported ($0.74) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($1.25). YPF Sociedad Anónima had a return on equity of 32.76% and a net margin of 4.15%. The company had revenue of $4.75 billion for the quarter, compared to the consensus estimate of $4.86 billion. As a group, research analysts anticipate that YPF Sociedad Anónima will post 7.25 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of hedge funds have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of YPF Sociedad Anónima by 1.2% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 2,170,968 shares of the oil and gas exploration company’s stock worth $76,071,000 after purchasing an additional 25,397 shares during the period. Duquesne Family Office LLC raised its position in shares of YPF Sociedad Anónima by 23.0% during the first quarter. Duquesne Family Office LLC now owns 2,075,390 shares of the oil and gas exploration company’s stock worth $72,722,000 after purchasing an additional 387,674 shares during the period. Graham Capital Management L.P. raised its position in YPF Sociedad Anónima by 1,933.0% in the 1st quarter. Graham Capital Management L.P. now owns 150,221 shares of the oil and gas exploration company’s stock valued at $5,264,000 after buying an additional 142,832 shares during the last quarter. Vident Advisory LLC raised its position in YPF Sociedad Anónima by 96.4% in the 1st quarter. Vident Advisory LLC now owns 13,784 shares of the oil and gas exploration company’s stock valued at $483,000 after buying an additional 6,767 shares during the last quarter. Finally, BNP Paribas Financial Markets raised its position in YPF Sociedad Anónima by 24.7% in the 1st quarter. BNP Paribas Financial Markets now owns 1,179,942 shares of the oil and gas exploration company’s stock valued at $41,345,000 after buying an additional 233,983 shares during the last quarter. Institutional investors and hedge funds own 10.08% of the company’s stock.

YPF Sociedad Anónima Company Profile

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.