Yandex NV Receives Consensus Recommendation of “Buy” from Analysts (NASDAQ:YNDX)
Yandex NV (NASDAQ:YNDX) has received an average rating of “Buy” from the thirteen ratings firms that are presently covering the company, Analyst Ratings Net reports. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $42.92.
A number of research firms have recently commented on YNDX. Analysts at Standpoint Research downgraded shares of Yandex NV from a “buy” rating to a “hold” rating in a research note on Friday, June 27th. Separately, analysts at Zacks upgraded shares of Yandex NV from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 27th. They now have a $33.00 price target on the stock. Finally, analysts at Barclays cut their price target on shares of Yandex NV from $41.92 to $39.16 in a research note on Friday, May 16th. They now have an “overweight” rating on the stock.
Yandex NV (NASDAQ:YNDX) opened at 31.55 on Thursday. Yandex NV has a 1-year low of $21.70 and a 1-year high of $45.42. The stock has a 50-day moving average of $33.55 and a 200-day moving average of $34.11. The company has a market cap of $10.133 billion and a price-to-earnings ratio of 23.85. Yandex NV also was the recipient of unusually large options trading activity on Tuesday. Stock investors bought 25,050 put options on the company. This is an increase of approximately 1,100% compared to the typical daily volume of 2,088 put options.
Yandex N.V. (NASDAQ:YNDX) is an Internet company in Russia.
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