Changyou.com Limited (CYOU) : Zacks Investment Research ranks Changyou.com Limited (CYOU) as 2, which is a Buy recommendation. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. 1 more believe that the stock has more downside risks, hence they propose a Strong Sell. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 3 research analysts is 3.77, which indicates as a Sell.
Changyou.com Limited (CYOU) : The highest level Changyou.com Limited (CYOU) is projected to reach is $20 for the short term and the lowest estimate is at $15. The consolidated price target from 2 rating analysts who initiate coverage on the stock is $17.5 and the possibility the share price can swing is $3.54.
Also, Deutsche Bank initiates coverage on Changyou.com Limited (NASDAQ:CYOU). Deutsche Bank has a Buy rating on the shares. As per the latest report, the brokerage house announces the price target to $31.7 per share. The rating by the firm was issued on September 9, 2016.
Changyou.com Limited (NASDAQ:CYOU): After opening at $27.77, the stock dipped to an intraday low of $27.56 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $28.25 and the buying power remained strong till the end. The stock closed at $28.17 for the day, a gain of 1.29% for the day session. The total traded volume was 459,774. The stocks close on the previous trading day was $27.81.
Changyou.com Limited is an online game developer and operator. The company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. This includes massively multiplayer online games (MMOGs), which are interactive online games that may be played simultaneously by hundreds of thousands of game players; mobile games, which are played on mobile devices and require an Internet connection, and Web games, which are played over the Internet using a Web browser. The Company also owns and operates Web properties and software applications for PCs and mobile devices, including the 17173.com Website, wan.com Website, RaidCall and Dolphin Browser. The Companys games in operation include: Tian Long Ba Bu, Blade Online series, Fantasy Frontier Online, Echo of Soul, DDTank, Wartune, Tian Long Ba Bu 3D and Qin Shi Ming Yue 2.