Credit Suisse Group Lowers YPF Sociedad Anónima (NYSE:YPF) to Underperform


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YPF Sociedad Anónima (NYSE:YPF) was downgraded by research analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a report issued on Thursday, Briefing.com reports. They presently have a $3.00 price target on the oil and gas exploration company’s stock. Credit Suisse Group’s price objective would indicate a potential downside of 26.65% from the company’s previous close.

A number of other brokerages have also issued reports on YPF. Santander lowered YPF Sociedad Anónima from a “hold” rating to an “underperform” rating in a research report on Tuesday, December 8th. UBS Group lowered YPF Sociedad Anónima from a “neutral” rating to a “sell” rating and reduced their price target for the stock from $6.00 to $4.00 in a research report on Thursday, December 3rd. Finally, BidaskClub lowered YPF Sociedad Anónima from a “hold” rating to a “sell” rating in a report on Tuesday, January 5th. Six research analysts have rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. YPF Sociedad Anónima presently has a consensus rating of “Hold” and an average price target of $4.68.

Shares of YPF stock opened at $4.09 on Thursday. The company has a debt-to-equity ratio of 0.80, a quick ratio of 0.60 and a current ratio of 0.87. YPF Sociedad Anónima has a 1 year low of $2.25 and a 1 year high of $10.66. The stock has a fifty day moving average of $5.06 and a two-hundred day moving average of $5.01. The firm has a market capitalization of $1.61 billion, a PE ratio of -1.01 and a beta of 1.69.

YPF Sociedad Anónima (NYSE:YPF) last announced its quarterly earnings results on Sunday, November 15th. The oil and gas exploration company reported ($1.18) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.42) by ($0.76). YPF Sociedad Anónima had a negative return on equity of 4.01% and a negative net margin of 13.27%. The business had revenue of $2.33 billion for the quarter, compared to analyst estimates of $2.61 billion. Equities research analysts predict that YPF Sociedad Anónima will post -1.72 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently made changes to their positions in YPF. FMR LLC purchased a new stake in shares of YPF Sociedad Anónima during the first quarter valued at $12,605,000. Canada Pension Plan Investment Board purchased a new stake in shares of YPF Sociedad Anónima during the second quarter valued at $2,875,000. BNP Paribas Arbitrage SA lifted its holdings in shares of YPF Sociedad Anónima by 35.5% during the third quarter. BNP Paribas Arbitrage SA now owns 1,814,275 shares of the oil and gas exploration company’s stock valued at $6,477,000 after purchasing an additional 475,707 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in shares of YPF Sociedad Anónima by 98.4% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 380,840 shares of the oil and gas exploration company’s stock valued at $1,360,000 after purchasing an additional 188,928 shares during the last quarter. Finally, Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in shares of YPF Sociedad Anónima by 38.9% during the third quarter. Banco Bilbao Vizcaya Argentaria S.A. now owns 442,626 shares of the oil and gas exploration company’s stock valued at $1,580,000 after purchasing an additional 123,890 shares during the last quarter. 15.48% of the stock is owned by institutional investors and hedge funds.

About YPF Sociedad Anónima

YPF Sociedad Anónima, an energy company, operates in the oil and gas upstream and downstream activities in Argentina. The company engages in the exploration, development, and production of crude oil, natural gas, and liquefied petroleum gas (LPG). It is also involved in the refining, marketing, transportation, and distribution of oil, petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels, as well as in gas separation and natural gas distribution operations.

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Analyst Recommendations for YPF Sociedad Anónima (NYSE:YPF)

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