YPF Analysts Most Bullish in Two Years Forecasting 38% Gain
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Analysts covering Argentina’s state-run energy company YPF SA are the most bullish in two years on prospects the shares will rally amid increasing earnings.
YPF’s American depositary receipts will surge 38 percent to $46.28 in the next 12 months, according to an average of 10 analysts surveyed by Bloomberg. The gap between current and projected prices is the widest since August 2012, and bigger than the forecast gain for 13 of 14 global peers, including Exxon Mobil Corp. and BP Plc.