YPF Sociedad Anónima (NYSE:YPF) Upgraded by JPMorgan Chase & Co. to “Overweight” Rating

YPF Sociedad Anónima (NYSE:YPF) was upgraded by stock analysts at JPMorgan Chase & Co. from a “neutral” rating to an “overweight” rating in a report released on Friday,Benzinga reports. The firm presently has a $59.50 price objective on the oil and gas exploration company’s stock, up from their prior price objective of $25.00. JPMorgan Chase & Co.‘s price objective suggests a potential upside of 31.49% from the company’s current price.

A number of other research firms also recently commented on YPF. StockNews.com upgraded shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a report on Saturday, January 4th. Bank of America raised YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price target for the company from $31.00 to $55.00 in a report on Monday, December 9th. Citigroup downgraded YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $33.00 to $44.00 in a research report on Wednesday, November 27th. Finally, UBS Group restated a “neutral” rating and issued a $38.00 target price (up from $30.00) on shares of YPF Sociedad Anónima in a report on Wednesday, December 4th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $39.16.

YPF Sociedad Anónima Price Performance

YPF Sociedad Anónima stock opened at $45.25 on Friday. The company has a fifty day simple moving average of $38.39 and a 200-day simple moving average of $27.70. The firm has a market capitalization of $17.80 billion, a price-to-earnings ratio of 22.85, a PEG ratio of 0.13 and a beta of 1.91. 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 has a 52-week low of $14.53 and a 52-week high of $47.35.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Dorsey Wright & Associates increased its position in shares of YPF Sociedad Anónima by 12.5% during the 3rd quarter. Dorsey Wright & Associates now owns 258,432 shares of the oil and gas exploration company’s stock worth $5,481,000 after purchasing an additional 28,617 shares during the last quarter. Prospera Financial Services Inc boosted its stake in YPF Sociedad Anónima by 60.8% during the third quarter. Prospera Financial Services Inc now owns 71,251 shares of the oil and gas exploration company’s stock worth $1,511,000 after buying an additional 26,936 shares during the period. Mirabella Financial Services LLP increased its position in shares of YPF Sociedad Anónima by 59.7% during the third quarter. Mirabella Financial Services LLP now owns 128,483 shares of the oil and gas exploration company’s stock valued at $2,725,000 after acquiring an additional 48,025 shares during the last quarter. Squarepoint Ops LLC acquired a new stake in shares of YPF Sociedad Anónima during the second quarter valued at about $6,890,000. Finally, Marshall Wace LLP raised its stake in shares of YPF Sociedad Anónima by 6,194.9% in the 2nd quarter. Marshall Wace LLP now owns 947,260 shares of the oil and gas exploration company’s stock valued at $19,059,000 after acquiring an additional 932,212 shares during the period. 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.