Bank of America Upgrades YPF Sociedad Anónima (NYSE:YPF) to “Neutral”

Bank of America upgraded shares of YPF Sociedad Anónima (NYSE:YPF) from an underperform rating to a neutral rating in a report published on Thursday, MarketBeat Ratings reports.

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

YPF Sociedad Anónima Stock Performance

NYSE YPF opened at $21.01 on Thursday. The firm has a market cap of $8.26 billion, a price-to-earnings ratio of -8.21 and a beta of 1.86. The company has a quick ratio of 0.73, a current ratio of 0.95 and a debt-to-equity ratio of 0.76. The business has a 50-day moving average price of $21.35 and a 200-day moving average price of $18.07. YPF Sociedad Anónima has a twelve month low of $9.57 and a twelve month high of $24.76.

YPF Sociedad Anónima (NYSE:YPF) last released its quarterly earnings data on Wednesday, March 6th. The oil and gas exploration company reported $2.00 earnings per share for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). The business had revenue of $4.19 billion during the quarter, compared to the consensus estimate of $4.47 billion. YPF Sociedad Anónima had a positive return on equity of 20.70% and a negative net margin of 5.78%. As a group, equities research analysts predict that YPF Sociedad Anónima will post 5.38 EPS for the current fiscal year.

Institutional Investors Weigh In On YPF Sociedad Anónima

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in YPF. LSV Asset Management raised its position in YPF Sociedad Anónima by 231.3% during the third quarter. LSV Asset Management now owns 99,400 shares of the oil and gas exploration company’s stock valued at $1,218,000 after purchasing an additional 69,400 shares during the period. Capital Wealth Planning LLC raised its position in YPF Sociedad Anónima by 96.9% during the third quarter. Capital Wealth Planning LLC now owns 91,854 shares of the oil and gas exploration company’s stock valued at $1,125,000 after purchasing an additional 45,198 shares during the period. Trium Capital LLP purchased a new stake in YPF Sociedad Anónima during the third quarter valued at approximately $282,000. Ascension Capital Advisors Inc. purchased a new stake in YPF Sociedad Anónima during the third quarter valued at approximately $135,000. Finally, Quantbot Technologies LP raised its position in YPF Sociedad Anónima by 27.2% during the third quarter. Quantbot Technologies LP now owns 89,102 shares of the oil and gas exploration company’s stock valued at $1,092,000 after purchasing an additional 19,046 shares during the period. 10.08% of the stock is currently owned by hedge funds and other institutional investors.

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.