YPF Sociedad Anónima (NYSE:YPF – Get Free Report) was downgraded by equities researchers at StockNews.com from a “buy” rating to a “hold” rating in a research report issued on Monday.
Several other analysts also recently commented on YPF. Bank of America raised shares of YPF Sociedad Anónima from a “neutral” rating to a “buy” rating and increased their price objective for the company from $31.00 to $55.00 in a research report on Monday, December 9th. UBS Group reissued a “neutral” rating and set a $38.00 price objective (up from $30.00) on shares of YPF Sociedad Anónima in a research report on Wednesday, December 4th. JPMorgan Chase & Co. raised shares of YPF Sociedad Anónima from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $25.00 to $59.50 in a research report on Friday, January 10th. Finally, Citigroup downgraded shares of YPF Sociedad Anónima from a “buy” rating to a “neutral” rating and increased their price objective for the company from $33.00 to $44.00 in a research report on Wednesday, November 27th. Five research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, YPF Sociedad Anónima currently has a consensus rating of “Hold” and an average target price of $39.16.
Read Our Latest Stock Report on YPF
YPF Sociedad Anónima Stock Down 2.6 %
Institutional Trading of YPF Sociedad Anónima
A number of institutional investors have recently made changes to their positions in YPF. Canada Pension Plan Investment Board purchased a new stake in shares of YPF Sociedad Anónima during the 4th quarter valued at about $89,009,000. Duquesne Family Office LLC boosted its holdings in shares of YPF Sociedad Anónima by 292.4% during the 4th quarter. Duquesne Family Office LLC now owns 1,687,716 shares of the oil and gas exploration company’s stock valued at $71,745,000 after acquiring an additional 1,257,616 shares during the last quarter. William Blair Investment Management LLC purchased a new stake in shares of YPF Sociedad Anónima during the 4th quarter valued at about $45,664,000. BNP Paribas Financial Markets boosted its holdings in shares of YPF Sociedad Anónima by 2,092.6% during the 4th quarter. BNP Paribas Financial Markets now owns 945,959 shares of the oil and gas exploration company’s stock valued at $40,213,000 after acquiring an additional 902,815 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of YPF Sociedad Anónima by 335.6% during the 4th quarter. JPMorgan Chase & Co. now owns 1,091,392 shares of the oil and gas exploration company’s stock valued at $46,395,000 after acquiring an additional 840,842 shares during the last quarter. Hedge funds and other institutional investors 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.
See Also
- Five stocks we like better than YPF Sociedad Anónima
- How to Calculate Stock Profit
- Nebius Slides Post-Earnings: A Long-Term Buy Opportunity?
- What Are the U.K. Market Holidays? How to Invest and Trade
- NVIDIA Stock: A Market Barometer in Tech’s Turbulent Times
- Upcoming IPO Stock Lockup Period, Explained
- Palantir Stock Nears Bear Market Territory – Why and What’s Next?
Receive News & Ratings for YPF Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.