Companies & Finance

YFP named top stock pick

Goldman Sachs has named Argentine state-run YPF as a top stock pick among Latin American oil producers.
By Staff reporter 21 December 2017 0 28891

Goldman Sachs has named Argentine state-run YPF as a top stock pick among Latin American oil producers, as higher oil prices suggest the company can meet its 2018-2022 strategic plan targets, Bloomberg has reported.

The investment bank said that YPF’s power, gas and fuel distribution businesses could be undervalued.