YY Upgraded by Deutsche Bank to Buy (YY)
YY (NYSE:YY) was upgraded by research analysts at Deutsche Bank from a “hold” rating to a “buy” rating in a report released on Friday, TheFlyOnTheWall.com reports.
Shares of YY (NYSE:YY) traded up 8.07% on Friday, hitting $64.702. The stock had a trading volume of 1,622,381 shares. YY has a 1-year low of $13.77 and a 1-year high of $72.78. The stock’s 50-day moving average is $59.84 and its 200-day moving average is $49.62. The company has a market cap of $3.572 billion and a P/E ratio of 63.90.
Separately, analysts at Zacks upgraded shares of YY from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, November 26th. They now have a $56.00 price target on the stock. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus target price of $49.00.
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