Goldman Sachs Rates YPF S.A. (YPF) a Sell

December 15, 2011 10:26 AM EST
Get Alerts YPF Hot Sheet
Price: $50.05 +1.21%

Rating Summary:
    7 Buy, 5 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Goldman Sachs assumes coverage on YPF S.A. (NYSE: YPF) with a Sell and $35 price target.

The firm comments, "We are less positive on the business environment in Argentina and the perspective of higher prices for YPF, while we see the bulk of its exploration upside priced in (adjusted to Argentina's higher risk). Petrobras currently trades at a real implicit IRR of 16.8% vs. 10.6% for Ecopetrol, 19% for YPF and 10%-11% for global peers."

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 $33.45 yesterday.


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