YPF Sociedad Anonima (YPF) Lowered to Hold at Zacks Investment Research

Zacks Investment Research downgraded shares of YPF Sociedad Anonima (NYSE:YPF) from a buy rating to a hold rating in a research note published on Thursday morning.

According to Zacks, “YPF Sociedad Anonima is an international energy company, based on the integrated business of hydrocarbons, focalized in Latin America, with high standards of efficiency, profitability and responsibility. They have a dominant position in Argentina’s exploration, production, refining and marketing sectors, as well as a growing presence in petrochemicals. “

A number of other brokerages have also recently commented on YPF. Credit Suisse Group set a $27.00 target price on shares of YPF Sociedad Anonima and gave the company a buy rating in a report on Monday, August 7th. BidaskClub cut shares of YPF Sociedad Anonima from a hold rating to a sell rating in a report on Friday, June 16th. Citigroup Inc. started coverage on shares of YPF Sociedad Anonima in a report on Monday. They set a buy rating and a $28.00 target price on the stock. Finally, ValuEngine upgraded shares of YPF Sociedad Anonima from a sell rating to a hold rating in a report on Thursday, August 17th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and four have given a buy rating to the stock. The stock has an average rating of Hold and an average target price of $25.58.

WARNING: “YPF Sociedad Anonima (YPF) Lowered to Hold at Zacks Investment Research” was first posted by Sports Perspectives and is the sole property of of Sports Perspectives. If you are reading this news story on another website, it was illegally stolen and reposted in violation of US and international copyright laws. The legal version of this news story can be accessed at https://sportsperspectives.com/2017/10/13/ypf-sociedad-anonima-ypf-lowered-to-hold-at-zacks-investment-research.html.

Several hedge funds have recently made changes to their positions in the company. BNP Paribas Arbitrage SA boosted its holdings in shares of YPF Sociedad Anonima by 2.2% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 13,595 shares of the oil and gas exploration company’s stock valued at $298,000 after buying an additional 295 shares in the last quarter. Tudor Investment Corp ET AL boosted its holdings in shares of YPF Sociedad Anonima by 6.2% during the 2nd quarter. Tudor Investment Corp ET AL now owns 21,880 shares of the oil and gas exploration company’s stock valued at $479,000 after buying an additional 1,275 shares in the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its stake in YPF Sociedad Anonima by 15.7% in the 2nd quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 14,700 shares of the oil and gas exploration company’s stock worth $322,000 after purchasing an additional 2,000 shares in the last quarter. Pacad Investment Ltd. boosted its stake in YPF Sociedad Anonima by 76.5% in the 2nd quarter. Pacad Investment Ltd. now owns 9,000 shares of the oil and gas exploration company’s stock worth $197,000 after purchasing an additional 3,900 shares in the last quarter. Finally, LSV Asset Management boosted its stake in YPF Sociedad Anonima by 69.6% in the 2nd quarter. LSV Asset Management now owns 9,500 shares of the oil and gas exploration company’s stock worth $208,000 after purchasing an additional 3,900 shares in the last quarter. Hedge funds and other institutional investors own 29.39% of the company’s stock.

About YPF Sociedad Anonima

YPF Sociedad Anonima (YPF) is an energy company. The Company is operating a fully integrated oil and gas chain. The Company operates through the segments, including Exploration and Production, Downstream, and Corporate and Other. The Company’s Exploration and Production segment includes exploration and production activities, natural gas and crude oil purchases, sales of natural gas, and to a lesser extent crude oil, to third parties and intersegment sales of crude oil, natural gas and its byproducts.

Receive News & Ratings for YPF Sociedad Anonima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YPF Sociedad Anonima and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply