Vetr lowered shares of YY (NASDAQ:YY) from a buy rating to a hold rating in a research report released on Monday. They currently have $134.81 price objective on the information services provider’s stock.
Several other equities analysts have also issued reports on YY. BidaskClub upgraded YY from a hold rating to a buy rating in a research note on Tuesday, January 9th. UBS Group initiated coverage on YY in a research note on Tuesday, January 2nd. They set a buy rating and a $135.00 price target on the stock. ValuEngine upgraded YY from a hold rating to a buy rating in a research note on Sunday, December 31st. JPMorgan Chase & Co. upgraded YY from a neutral rating to an overweight rating and boosted their price target for the company from $70.00 to $140.00 in a research note on Thursday, November 16th. Finally, Benchmark restated a buy rating and set a $127.00 price target on shares of YY in a research note on Wednesday, November 15th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and fifteen have issued a buy rating to the company. The company has an average rating of Buy and a consensus price target of $90.03.
YY (YY) opened at $134.94 on Monday. The company has a market capitalization of $8,510.00, a PE ratio of 22.01, a PEG ratio of 1.05 and a beta of 1.20. YY has a 12 month low of $40.17 and a 12 month high of $141.95.
A number of large investors have recently bought and sold shares of the business. Gulf International Bank UK Ltd raised its position in shares of YY by 17.9% during the 4th quarter. Gulf International Bank UK Ltd now owns 13,200 shares of the information services provider’s stock valued at $1,492,000 after acquiring an additional 2,000 shares during the last quarter. Creative Planning bought a new stake in shares of YY during the 4th quarter valued at $1,052,000. Bank of Montreal Can raised its position in shares of YY by 16.2% during the 4th quarter. Bank of Montreal Can now owns 17,718 shares of the information services provider’s stock valued at $2,003,000 after acquiring an additional 2,464 shares during the last quarter. Central Asset Investments & Management Holdings HK Ltd bought a new stake in shares of YY during the 3rd quarter valued at $746,000. Finally, Cetera Advisor Networks LLC bought a new stake in shares of YY during the 3rd quarter valued at $203,000. 56.87% of the stock is currently owned by hedge funds and other institutional investors.
YY Company Profile
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. The Company’s segments include YY IVAS and others, Huya broadcasting, and 100 Education. 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.
To view Vetr’s full report, visit Vetr’s official website.
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