YPF Sociedad Anónima (NYSE:YPF) Rating Lowered to Neutral at Citigroup

Citigroup cut shares of YPF Sociedad Anónima (NYSE:YPF) from a buy rating to a neutral rating in a research report sent to investors on Wednesday, MarketBeat.com reports. Citigroup currently has $44.00 price target on the oil and gas exploration company’s stock, up from their prior price target of $33.00.

YPF has been the subject of a number of other research reports. Bank of America raised their price target on YPF Sociedad Anónima from $28.00 to $29.00 and gave the company a “neutral” rating in a research report on Wednesday, September 18th. JPMorgan Chase & Co. upped their price target on shares of YPF Sociedad Anónima from $24.00 to $25.00 and gave the company a “neutral” rating in a report on Wednesday, October 30th. Jefferies Financial Group raised shares of YPF Sociedad Anónima from a “hold” rating to a “buy” rating and raised their price objective for the stock from $23.50 to $30.00 in a research note on Friday, August 30th. Finally, StockNews.com raised YPF Sociedad Anónima from a “hold” rating to a “buy” rating in a research note on Tuesday. Five equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $28.94.

YPF Sociedad Anónima Stock Performance

YPF opened at $39.71 on Wednesday. YPF Sociedad Anónima has a 1-year low of $14.53 and a 1-year high of $42.30. The stock has a market cap of $15.62 billion, a P/E ratio of 20.22, a P/E/G ratio of 0.13 and a beta of 1.78. The stock’s 50 day simple moving average is $26.90 and its 200 day simple moving average is $23.26. The company has a debt-to-equity ratio of 0.59, a current ratio of 0.88 and a quick ratio of 0.68.

Institutional Trading of YPF Sociedad Anónima

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Ping Capital Management Inc. purchased a new position in shares of YPF Sociedad Anónima during the 2nd quarter worth $51,676,000. Encompass Capital Advisors LLC lifted its position in YPF Sociedad Anónima by 16.9% during the second quarter. Encompass Capital Advisors LLC now owns 1,168,919 shares of the oil and gas exploration company’s stock worth $23,519,000 after buying an additional 168,919 shares during the period. Marshall Wace LLP boosted its stake in 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 worth $19,059,000 after buying an additional 932,212 shares during the last quarter. Discovery Capital Management LLC CT grew its holdings in YPF Sociedad Anónima by 6.9% in the 2nd quarter. Discovery Capital Management LLC CT now owns 745,379 shares of the oil and gas exploration company’s stock valued at $14,997,000 after buying an additional 48,000 shares during the period. Finally, Duquesne Family Office LLC purchased a new stake in YPF Sociedad Anónima in the 2nd quarter valued at about $12,845,000. 10.08% of the stock is owned by hedge funds and other 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, 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.