YY (YY) Rating Lowered to Hold at BidaskClub
A number of other equities analysts have also recently commented on YY. JPMorgan Chase & Co. raised shares of YY from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $70.00 to $100.00 in a research note on Wednesday, March 6th. Tigress Financial reissued a “buy” rating on shares of YY in a research note on Friday, April 5th. ValuEngine raised shares of YY from a “sell” rating to a “hold” rating in a research note on Tuesday, March 12th. UBS Group cut shares of YY from a “buy” rating to a “neutral” rating and set a $77.00 price target for the company. in a research note on Wednesday, January 23rd. Finally, TheStreet raised shares of YY from a “c+” rating to a “b-” rating in a research note on Monday, March 4th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $93.67.
YY stock traded down $0.24 during midday trading on Wednesday, reaching $85.55. 574,119 shares of the stock were exchanged, compared to its average volume of 1,145,299. The firm has a market capitalization of $5.40 billion, a PE ratio of 12.00, a price-to-earnings-growth ratio of 0.72 and a beta of 1.20. YY has a 52 week low of $55.55 and a 52 week high of $125.84.
YY Company Profile
YY Inc, through its subsidiaries, engages in the live streaming business in the People's Republic of China. The company operates YY Live platform, an online music and entertainment live streaming service; and Huya platform, a live streaming platform, including online games, console games, mobile games, entertainments, sports, etc.
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