Vetr upgraded shares of YY (NASDAQ:YY) from a buy rating to a strong-buy rating in a research report released on Wednesday. Vetr currently has $147.88 price target on the information services provider’s stock.
Other equities research analysts also recently issued reports about the stock. ValuEngine downgraded shares of YY from a strong-buy rating to a buy rating in a research note on Thursday, December 14th. BidaskClub downgraded shares of YY from a buy rating to a hold rating in a research note on Wednesday, January 31st. Zacks Investment Research raised shares of YY from a hold rating to a buy rating and set a $125.00 target price on the stock in a research note on Saturday, February 10th. Benchmark reaffirmed a buy rating and issued a $127.00 target price on shares of YY in a research note on Wednesday, November 15th. Finally, Instinet raised shares of YY from a neutral rating to a buy rating in a research note on Thursday, January 18th. Two analysts have rated the stock with a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of $106.73.
YY (NASDAQ:YY) traded up $0.24 during mid-day trading on Wednesday, hitting $129.33. 890,200 shares of the stock were exchanged, compared to its average volume of 1,192,345. The company has a market capitalization of $8,137.83, a price-to-earnings ratio of 22.34, a P/E/G ratio of 0.81 and a beta of 1.38. YY has a one year low of $42.90 and a one year high of $142.97.
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YY Inc (YY) is a social platform that engages users in real-time online group activities through voice, video and text on personal computers and mobile devices. The Company’s segments include YY IVAS and others, Huya broadcasting, and 100 Education. YY enables users to create and organize groups of varying sizes to discover and participate in a range of online activities, including music shows, online games, dating shows, live game broadcasting and e-learning.
To view Vetr’s full report, visit Vetr’s official website.
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