YPF Sociedad Anónima (NYSE:YPF) Upgraded to ‘Neutral’ by Bank of America

Bank of America raised the company’s shares YPF Sociedad Anónima (NYSE:YPF – Free Report) from a weak to neutral rating in a research note published Thursday morning, Marketbeat reports.

YPF has been the subject of numerous other reports. In a report on Thursday, February 22, UBS Group upgraded YPF Sociedad Anónima from a neutral rating to a buy rating and raised their price target for the stock from $18.00 to $27.00. Goldman Sachs Group increased their target price on shares of YPF Sociedad Anónima from $20.00 to $22.90 and gave the stock a Neutral rating in a report on Friday, May 17th. In a report on Thursday, March 21, Morgan Stanley upgraded shares of YPF Sociedad Anónima from underweight to equal weight and increased their price target for the company from $10.50 to $22.00. On Tuesday, in a research note, StockNews.com upgraded YPF Sociedad Anónima from hold to buy. Finally, in a research note on Wednesday, April 17, Citigroup downgraded YPF Sociedad Anónima from a buy rating to a neutral rating and raised their price objective on the stock from $20.00 to $24.00. Six analysts rated the company with a hold rating and two with a buy rating. According to MarketBeat, YPF Sociedad Anónima currently has a consensus rating of Hold and an average price target of $21.07.

See our latest report on YPF

YPF Sociedad Anónima’s turnover decreased by 1.9%

YPF shares opened at $21.36 on Thursday. The company has a debt to equity ratio of 0.76, a quick ratio of 0.73 and a current ratio of 0.95. The company’s fifty day simple moving average is $21.29 and its 200 day simple moving average is $17.94. YPF Sociedad Anónima has a 12 month low of $9.57 and a 12 month high of $24.76.

YPF Sociedad Anónima (NYSE:YPF – Get Free Report) last released its quarterly earnings data on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share (EPS) for the quarter, missing analyst consensus estimates of $2.95 by ($0.95). YPF Sociedad Anónima recorded a negative net margin of 5.78% and a positive return on equity of 20.70%. The company had revenue of $4.19 billion for the quarter, compared to analyst estimates of $4.47 billion. As a group, analysts predict that YPF Sociedad Anónima will post an EPS of 6.45 for the current financial year.

Hedge funds criticize YPF Sociedad Anónima

A number of hedge funds have recently increased or decreased their holdings in YPF. Transcendent Capital Group LLC acquired a new position in shares of YPF Sociedad Anónima during the first quarter worth approximately $28,000. Headlands Technologies LLC acquired a new stake in shares of YPF Sociedad Anónima during the first quarter worth $113,000. Ascension Capital Advisors Inc. purchased a new position at YPF Sociedad Anónima during the third quarter worth $135,000. DekaBank Deutsche Girozentrale acquired a new position in YPF Sociedad Anónima during the 3rd quarter worth $171,000. Finally, Sowell Financial Services LLC purchased a new stake in shares of YPF Sociedad Anónima during the 4th quarter valued at $229,000. Institutional investors and hedge funds hold 10.08% of the company’s shares.

About YPF Sociedad Anónima

(Get the free report)

YPF Sociedad Anónima, an energy company, extracts and processes oil and gas in Argentina. Its mining activities include the exploration, exploitation and production of crude oil and natural gas. The company’s further activities include petrochemical production and oil refining; transportation and distribution of refinery and petrochemical products; commercialization of crude oil, petrochemicals and specialty products.

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