YPF Sociedad Anónima (NYSE:YPF) is one of the most oversold energy stocks to buy right now. On July 1, Bank of America Securities analyst Leonardo Marcondes reiterated a Buy rating on YPF Sociedad Anónima (NYSE:YPF) and set a price target of $42.00.
An oil platform in the North Sea, standing tall and proud against a backdrop of choppy waters.
On July 22, Moody’s Ratings upgraded YPF Sociedad Anónima’s senior unsecured and secured notes ratings to ‘B2’ from ‘Caa1’, reporting a stable outlook.
The upgrade includes the Corporate Family Rating and suggests optimism for YPF Sociedad Anónima’s financial stability, potentially boosting its attractiveness to investors and enhancing its reputation.
YPF Sociedad Anónima explores, produces, and distributes oil and gas. The company operates in the following segments: Upstream, Gas and Power, Downstream, Central Administration and Other.
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This article is originally published at Insider Monkey.
