So-Young International Inc – (NASDAQ:SY) has earned a consensus recommendation of “Buy” from the six brokerages that are currently covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $18.65.
Several research analysts have recently weighed in on the stock. Needham & Company LLC reiterated a “buy” rating and set a $17.00 price target on shares of So-Young International in a research note on Monday. Jefferies Financial Group assumed coverage on shares of So-Young International in a research note on Thursday, December 5th. They set a “buy” rating and a $16.60 price target on the stock.
Several institutional investors have recently modified their holdings of the company. Barclays PLC lifted its stake in shares of So-Young International by 403.6% during the 3rd quarter. Barclays PLC now owns 3,928 shares of the company’s stock valued at $36,000 after buying an additional 3,148 shares in the last quarter. NumerixS Investment Technologies Inc purchased a new position in shares of So-Young International during the 2nd quarter valued at $65,000. Morgan Stanley purchased a new position in shares of So-Young International during the 2nd quarter valued at $89,000. Jane Street Group LLC purchased a new position in shares of So-Young International during the 2nd quarter valued at $144,000. Finally, GSA Capital Partners LLP purchased a new position in shares of So-Young International during the 2nd quarter valued at $385,000. Institutional investors and hedge funds own 18.36% of the company’s stock.
About So-Young International
So-Young International Inc operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The company facilitates research for treatments, read reviews about them, and book appointments on the platform and blog under the name Beauty Diaries. Its platform enables users to discover content and share their own experience on medical aesthetics procedures, and leads users to reserve treatment services from medical aesthetic service providers for offline treatment in China and internationally.
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