YPF Sociedad Anónima (NYSE:YPF) Stock Rating Lowered by Citigroup

YPF Sociedad Anónima (NYSE:YPF) was downgraded by equities researchers at Citigroup from a “buy” rating to a “neutral” rating in a note issued to investors on Wednesday, Marketbeat Ratings reports. They presently have a $24.00 price target on the oil and gas exploration company’s stock, up from their prior price target of $20.00. Citigroup’s price target suggests a potential upside of 25.85% from the company’s current price.

A number of other research firms also recently issued reports on YPF. UBS Group raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $18.00 to $27.00 in a report on Thursday, February 22nd. Morgan Stanley upgraded shares of YPF Sociedad Anónima from an “underweight” rating to an “equal weight” rating and upped their price target for the company from $10.50 to $22.00 in a research report on Thursday, March 21st. Finally, StockNews.com cut shares of YPF Sociedad Anónima from a “buy” rating to a “hold” rating in a research report on Tuesday. Six analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $20.58.

YPF Sociedad Anónima Stock Down 2.1 %

YPF Sociedad Anónima stock opened at $19.07 on Wednesday. The firm has a market capitalization of $7.50 billion, a PE ratio of -5.69 and a beta of 1.90. The company’s 50-day moving average is $18.83 and its 200-day moving average is $16.09. YPF Sociedad Anónima has a fifty-two week low of $9.57 and a fifty-two week high of $22.27. The company has a debt-to-equity ratio of 0.77, a current ratio of 0.90 and a quick ratio of 0.56.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Wednesday, March 6th. The oil and gas exploration company reported $2.00 EPS for the quarter, missing analysts’ consensus estimates of $2.95 by ($0.95). YPF Sociedad Anónima had a negative net margin of 7.58% and a positive return on equity of 17.33%. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $4.47 billion. Sell-side analysts anticipate that YPF Sociedad Anónima will post 6.14 earnings per share for the current year.

Institutional Investors Weigh In On YPF Sociedad Anónima

Several hedge funds have recently bought and sold shares of the stock. Harel Insurance Investments & Financial Services Ltd. bought a new stake in shares of YPF Sociedad Anónima in the 3rd quarter worth approximately $27,000. Barclays PLC increased its position in YPF Sociedad Anónima by 8,333.3% during the 2nd quarter. Barclays PLC now owns 5,060 shares of the oil and gas exploration company’s stock valued at $75,000 after purchasing an additional 5,000 shares during the period. Envestnet Asset Management Inc. purchased a new stake in shares of YPF Sociedad Anónima in the 3rd quarter worth about $88,000. Atlas Capital Advisors LLC grew its position in shares of YPF Sociedad Anónima by 110.1% in the 1st quarter. Atlas Capital Advisors LLC now owns 9,463 shares of the oil and gas exploration company’s stock worth $104,000 after buying an additional 4,959 shares during the period. Finally, FinTrust Capital Advisors LLC purchased a new stake in shares of YPF Sociedad Anónima in the 4th quarter worth about $110,000. 10.08% of the stock is currently owned by institutional investors.

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, natural gas, and NGLs. The company's downstream operations include the refining, marketing, and distribution of oil and petroleum products, as well as petroleum derivatives, such as petrochemicals, hydrocarbons, non-fossil fuels, biofuels, and related components; and production of hydrocarbons electric power.