YY (YY) : 2 analysts are covering YY (YY) and their average rating on the stock is 2, which is read as a Buy. 1 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 1 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
YY (YY) : 2 investment research analysts covering YY (YY) have an average price target of $48.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $62 and the lowest target is $35 for the short term. Analysts expect the variance to be within $19.09 of the average price.
For the current week, the company shares have a recommendation consensus of Buy. Also, Brokerage firm JP Morgan assumes its rating on YY (NASDAQ:YY). The shares have been rated Overweight. The rating by the firm was issued on August 31, 2016.
YY (NASDAQ:YY): The stock opened at $51.06 and touched an intraday high of $52.12 on Wednesday. During the day, the stock corrected to an intraday low of $50.21, however, the bulls stepped in and pushed the price higher to close in the green at $51.17 with a gain of 0.31% for the day. The total traded volume for the day was 1,339,221. The stock had closed at $51.01 in the previous trading session.
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. 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. YY offers users an entertainment experience through its social community. The Company owns the domain names of YY.com, Duowan.com, 100.com, Huya.com and Edu24oL.com. The Companys YY platform, including YY.com, is jointly operated by personnel from Guangzhou Huaduo and Zhuhai Duowan. The Companys product, YY Client, enables users to engage in live interactions online. YY Client provides access to user-created online social activities groups. Its Mobile YY is its mobile application that primarily provides users access to its music and entertainment content. Duowan.com provides gaming resources.