Eni and YPF are launching a joint LNG export project aiming for 30 million tons annually by 2030. Analysts predict a 33.86% upside for YPF shares, currently rated as “Outperform.” The fair value target suggests further potential growth over the next year.
Eni, an Italian oil and gas company, has teamed up with Argentina’s YPF in a major venture aimed at exporting liquefied natural gas (LNG). Their goal? To hit an impressive target of 30 million tons of LNG annually by 2030. This project will tap into the abundant resources of the Vaca Muerta shale, following a strategic, phased approach that leans heavily on partnerships to reach those ambitious export figures.
Looking at Wall Street, a recent analysis by 11 experts has set a one-year price target for YPF. The consensus shines a light on a forecasted average target price of $45.87. Estimates range from a high of $62.00 down to $33.00. This projection suggests there’s an upside potential of about 33.86% from the current share price, which is hovering around $34.27. Folks interested in these numbers can find more detailed data on the YPF SA (YPF) Forecast page.
When digging into brokerage recommendations, YPF’s average rating rests at about 2.0. This translates to an “Outperform” status on their scale, which ranks from 1 (Strong Buy) to 5 (Sell). So, brokers are generally feeling positive about the stock’s outlook.
Moreover, on another front, the GF Value metric from GuruFocus estimates YPF’s fair value will be around $35.99 in a year’s time, equating to a potential upside of about 5.02% from today’s price. This figure considers YPF’s historical trading multiples, growth patterns, and what analysts predict for the future. For a deeper dive into this data, check out the YPF SA (YPF) Summary page.
In summary, Eni and YPF’s LNG project represents a significant step for Argentina’s energy sector, aiming for 30 million tons of exports by 2030. With favorable analyst price targets suggesting robust potential for YPF shares, and positive brokerage ratings, the market outlook seems optimistic. Investors should keep an eye on both the project’s progress and market recommendations moving forward.
Original Source: www.gurufocus.com
