YY (NASDAQ:YY) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Thursday.
YY has been the subject of several other research reports. Jefferies Group raised shares of YY from a “hold” rating to a “buy” rating and set a $45.00 price target for the company in a research report on Wednesday, November 15th. Vetr raised shares of YY from a “hold” rating to a “buy” rating and set a $118.46 price target for the company in a research report on Monday, January 1st. Nomura raised shares of YY from a “neutral” rating to a “buy” rating and upped their price target for the company from $80.00 to $161.00 in a research report on Wednesday, January 17th. JPMorgan Chase & Co. raised shares of YY from a “neutral” rating to an “overweight” rating and upped their price target for the company from $70.00 to $140.00 in a research report on Thursday, November 16th. Finally, Citigroup started coverage on shares of YY in a research report on Tuesday, February 20th. They set a “buy” rating and a $150.00 price target for the company. Two equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $106.73.
YY (YY) traded down $1.86 on Thursday, reaching $127.47. 1,339,278 shares of the company’s stock traded hands, compared to its average volume of 1,180,000. The company has a market cap of $8,040.00, a PE ratio of 20.43, a P/E/G ratio of 0.81 and a beta of 1.38. YY has a 1-year low of $42.90 and a 1-year high of $142.97.
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YY Company Profile
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 ValuEngine’s full report, visit ValuEngine’s official website.
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