Eni and YPF have partnered for an LNG export project targeting 30 million tons by 2030. Analysts suggest strong growth potential for YPF, with a price target of $45.87 indicating a 33.86% upside. The brokerage recommendation for YPF stands at “Outperform.”
Italy’s Eni and Argentina’s YPF have teamed up for quite the ambitious liquefied natural gas (LNG) export project. The goal? To ramp up exports to a staggering 30 million tons annually by 2030. This collaboration takes advantage of the abundant resources found in the Vaca Muerta shale area, with plans to roll out the project in phases. Strategic partnerships will play a huge part in reaching these targets, making it a noteworthy endeavor in the energy sector.
On Wall Street, analysts are buzzing about the potential of YPF SA. A group of 11 experts has provided their take, setting a consensus average price target at $45.87. Notably, their estimates range from a low of $33.00 to a high of $62.00, suggesting a considerable upside of 33.86% over the current share price of $34.27. For those looking for detailed insights, the YPF SA Forecast page is where you’d want to head.
When looking closer at brokerage recommendations, YPF holds an average rating of 2.0. This points to an “Outperform” status on a scale from 1 to 5, with 1 indicating a Strong Buy and 5 a Sell. When it comes to investment sentiment, this is certainly a positive signal for potential investors.
In terms of fair value, the GF Value metric from GuruFocus gives a one-year projection for YPF at $35.99. That implies a modest 5.02% upside from the current price. This value is based on factors like YPF’s historical trading multiples, past business performance, and future growth estimates. More details can be found on the YPF SA Summary page, if you’re intrigued about deeper analysis.
The collaboration between Eni and YPF on the LNG export project stands to make a significant impact on Argentina’s energy export potential. With analysts indicating a promising upside for YPF and an overall positive brokerage sentiment, the financial outlook appears favorable. Keep an eye on the developments of this project as it could reshape energy markets in the years to come.
Original Source: www.gurufocus.com
