Deutsche Bank Downgrades YPF S.A. (YPF) to Hold; Bumpy Political Environment
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Price: $20.24 --0%
Rating Summary:
4 Buy, 6 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 16 | New: 3
Rating Summary:
4 Buy, 6 Hold, 3 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 16 | New: 3
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Deutsche Bank downgraded YPF S.A. (NYSE: YPF) from Buy to Hold. PT cut from $51 to $33.
Deutsche analyst said, "We are downgrading our recommendation on YPF as we see chances that the political environment could continue to deteriorate from here. Since the start of the conflict between YPF and the government, we were hopeful for a better resolution, but the removal of concessions and the possibility of the government becoming a shareholder of the company indicate that the upside is limited from current levels, at least in the short term."
For an analyst ratings summary and ratings history on YPF S.A. click here. For more ratings news on YPF S.A. click here.
Shares of YPF S.A. closed at $22.68 yesterday.
Deutsche analyst said, "We are downgrading our recommendation on YPF as we see chances that the political environment could continue to deteriorate from here. Since the start of the conflict between YPF and the government, we were hopeful for a better resolution, but the removal of concessions and the possibility of the government becoming a shareholder of the company indicate that the upside is limited from current levels, at least in the short term."
For an analyst ratings summary and ratings history on YPF S.A. click here. For more ratings news on YPF S.A. click here.
Shares of YPF S.A. closed at $22.68 yesterday.
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