Yelp (NYSE:YELP) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.76 by 25 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 16 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell. A sell rating was given by 1 analyst.
Other Equity analysts have also commented on the company shares. Maxim Group initiates coverage on Yelp (NYSE:YELP) The current rating of the shares is Buy. Equity Analysts at the Firm announces the price target to $41 per share. The rating by the firm was issued on June 3, 2016.
Yelp (NYSE:YELP) should head towards $25.67 per share according to 18 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $15 per share. The higher price estimate target is at $41 according to the Analysts.
Yelp (NYSE:YELP) rose 0.42% or 0.12 points on Tuesday and made its way into the gainers of the day. After trading began at $28.53 the stock was seen hitting $28.68 as a peak level and $27.909 as the lowest level. The stock ended up at $28.56. The daily volume was measured at 1,430,285 shares. The 52-week high of the share price is $46.4 and the 52-week low is $14.53. The company has a market cap of $2,184 million.
Shares of Yelp Inc. rose by 7.65% in the last five trading days and 13.33% for the last 4 weeks. Yelp Inc. is up 40.62% in the last 3-month period. Year-to-Date the stock performance stands at -0.83%.
Yelp Inc. (Yelp) connects people with local businesses by bringing word of mouth online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engage directly with businesses, through reviews and its Message the Business feature. The Company has a range of communities of contributors across the world that contributes the content on its platform. These contributors provide firsthand information about local businesses in the form of reviews and ratings, tips, photos and videos. In addition to the business listing and advertising products, the Company also offers a range of features and consumer-interactive tools to facilitate transactions between consumers and the local businesses they find on Yelp.