Goldman Sachs Maintains Sell Rating for YPF: Here's What You Need To Know

Goldman Sachs has decided to maintain its Sell rating of YPF YPF and raise its price target from $5.80 to $6.50.

Shares of YPF are trading down 7.31% over the last 24 hours, at $9.06 per share.

A move to $6.50 would account for a 28.3% decrease from the current share price.

About YPF

YPF SA is an Argentina-based integrated oil and gas company. It is engaged in operating a fully integrated oil and gas chain across the domestic upstream, downstream, and gas and power segments. The company's upstream operations consist of the exploration, development, and production of crude oil, natural gas, and LPG. Its downstream operations include the refining, marketing, transportation, and distribution of oil and a wide range of petroleum products, petroleum derivatives, petrochemicals, LPG, and bio-fuels. The company generates maximum revenue from the downstream segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.