Youku Tudou Inc Given Sell Rating at Maxim Group (YOKU)
Youku Tudou Inc (NASDAQ:YOKU) opened at 20.40 on Friday. Youku Tudou Inc has a 52-week low of $17.69 and a 52-week high of $37.74. The stock has a 50-day moving average of $23.26 and a 200-day moving average of $28.37. The company’s market cap is $3.435 billion.
Youku Tudou Inc (NASDAQ:YOKU) last issued its quarterly earnings data on Thursday, May 22nd. The company reported ($0.14) earnings per share for the quarter, beating the analysts’ consensus estimate of ($0.20) by $0.06. The company had revenue of $112.70 million for the quarter. During the same quarter last year, the company posted ($0.23) earnings per share. Youku Tudou Inc’s revenue was up 36.0% compared to the same quarter last year. On average, analysts predict that Youku Tudou Inc will post $-1.23 earnings per share for the current fiscal year.
YOKU has been the subject of a number of other recent research reports. Analysts at ING reiterated a “buy” rating on shares of Youku Tudou Inc in a research note on Friday. They now have a $27.00 price target on the stock, down previously from $36.00. Separately, analysts at Brean Capital cut their price target on shares of Youku Tudou Inc from $36.00 to $27.00 in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Nomura upgraded shares of Youku Tudou Inc from a “neutral” rating to a “buy” rating in a research note on Friday, April 25th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $28.40.
Youku Tudou Inc (NASDAQ:YOKU), formerly Youku Inc, is an Internet television company in the People’s Republic of China.
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