YPF Sociedad Anónima (NYSE:YPF) Raised to Buy at HSBC

Key Points

• HSBC upgraded YPF Sociedad Anónima to “buy” from “hold” and set a $60 price target, implying approximately 19.9% upside from the prior close.
• Analyst sentiment remains mixed: YPF has an average rating of “hold” and an average price target of $50.67, despite three buy ratings, two holds, and one sell rating.
• YPF shares opened at $50.05, while insiders purchased 11,792 shares worth $537,153 over the past three months; institutional investors own 10.08% of the company.

YPF Sociedad Anónima (NYSE:YPF - Get Free Report) was upgraded by research analysts at HSBC from a "hold" rating to a "buy" rating in a report released on Monday, MarketBeat Ratings reports. The firm currently has a $60.00 target price on the oil and gas exploration company's stock. HSBC's price target would suggest a potential upside of 19.88% from the stock's previous close.

A number of other research analysts also recently issued reports on YPF. Wall Street Zen upgraded YPF Sociedad Anónima from a "buy" rating to a "strong-buy" rating in a report on Saturday, July 18th. UBS Group raised their price target on shares of YPF Sociedad Anónima from $45.00 to $48.00 and gave the stock a "neutral" rating in a research note on Wednesday, May 27th. Zacks Research lowered shares of YPF Sociedad Anónima from a "strong-buy" rating to a "hold" rating in a research report on Monday, June 29th. Finally, Weiss Ratings lowered shares of YPF Sociedad Anónima from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Wednesday. Three research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $50.67.

YPF Sociedad Anónima Price Performance

Shares of NYSE YPF opened at $50.05 on Monday. The company has a fifty day moving average price of $49.62 and a 200 day moving average price of $44.93. The firm has a market cap of $19.69 billion, a PE ratio of 26.34 and a beta of 1.28. The company has a current ratio of 0.93, a quick ratio of 0.72 and a debt-to-equity ratio of 0.70. YPF Sociedad Anónima has a 1-year low of $22.82 and a 1-year high of $57.49.

Insider Buying and Selling at YPF Sociedad Anónima

In other news, CEO Horacio Daniel Marin purchased 2,840 shares of the business's stock in a transaction on Thursday, July 2nd. The stock was purchased at an average price of $46.35 per share, for a total transaction of $131,634.00. Following the completion of the purchase, the chief executive officer directly owned 92,193 shares in the company, valued at $4,273,145.55. The trade was a 3.18% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Matias Osvaldo Farina acquired 8,875 shares of the stock in a transaction dated Thursday, July 2nd. The shares were purchased at an average price of $45.22 per share, for a total transaction of $401,327.50. Following the completion of the purchase, the vice president directly owned 55,687 shares in the company, valued at $2,518,166.14. The trade was a 18.96% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Insiders purchased 11,792 shares of company stock valued at $537,153 over the last three months.

Institutional Trading of YPF Sociedad Anónima

Institutional investors and hedge funds have recently bought and sold shares of the business. Oaktree Capital Management LP acquired a new position in YPF Sociedad Anónima in the 1st quarter valued at $40,972,000. Equinox Partners Investment Management LLC acquired a new stake in shares of YPF Sociedad Anónima during the first quarter worth $21,585,000. UBS Group AG lifted its holdings in shares of YPF Sociedad Anónima by 125.2% during the third quarter. UBS Group AG now owns 651,384 shares of the oil and gas exploration company's stock worth $15,822,000 after buying an additional 362,155 shares in the last quarter. Bank of America Corp DE boosted its position in shares of YPF Sociedad Anónima by 161.2% in the second quarter. Bank of America Corp DE now owns 568,507 shares of the oil and gas exploration company's stock valued at $17,880,000 after acquiring an additional 350,842 shares during the period. Finally, Candriam S.C.A. boosted its position in shares of YPF Sociedad Anónima by 202.0% in the first quarter. Candriam S.C.A. now owns 444,000 shares of the oil and gas exploration company's stock valued at $20,522,000 after acquiring an additional 297,000 shares during the period. Institutional investors own 10.08% of the company's stock.

YPF Sociedad Anónima Company Profile

YPF Sociedad Anónima NYSE: YPF is an integrated oil and gas company headquartered in Buenos Aires, Argentina. The company’s primary businesses encompass upstream exploration and production of crude oil and natural gas, midstream transportation and storage, and downstream refining and distribution. YPF operates several major refineries and a nationwide network of service stations, supplying fuels, lubricants, and petrochemical products to both retail and industrial customers.

Founded in 1922 as Yacimientos Petrolíferos Fiscales, YPF was the world’s first state‐owned oil company.

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