Several brokerages have updated their recommendations and price targets on shares of YY (NASDAQ: YY) in the last few weeks:

  • 9/6/2017 – YY was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 8/30/2017 – YY was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 8/30/2017 – YY is now covered by analysts at Goldman Sachs Group, Inc. (The). They set a “buy” rating and a $101.00 price target on the stock.
  • 8/25/2017 – YY was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong-buy” rating. They now have a $85.00 price target on the stock. According to Zacks, “YY Inc. is a communication social platform, which engages users in online group activities through voice, text and video. The Company’s Platform consists of YY Client, the YY.com and Duowan.com web portals, Mobile YY and Web-based YY. YY Inc. is based in Guangzhou, the People’s Republic of China. “
  • 8/16/2017 – YY had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $79.00 price target on the stock.
  • 8/11/2017 – YY had its price target raised by analysts at Citigroup Inc. to $100.00. They now have a “buy” rating on the stock.
  • 8/11/2017 – YY had its “buy” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $89.00 price target on the stock, up previously from $65.00.
  • 8/11/2017 – YY had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $100.00 price target on the stock, up previously from $69.00.
  • 8/7/2017 – YY was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 7/20/2017 – YY was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 7/13/2017 – YY was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “YY Inc. is a communication social platform, which engages users in online group activities through voice, text and video. The Company’s Platform consists of YY Client, the YY.com and Duowan.com web portals, Mobile YY and Web-based YY. YY Inc. is based in Guangzhou, the People’s Republic of China. “

YY Inc. (YY) opened at 78.81 on Friday. The stock’s 50 day moving average is $73.51 and its 200 day moving average is $57.47. YY Inc. has a 12-month low of $37.81 and a 12-month high of $83.00. The stock has a market capitalization of $4.42 billion, a PE ratio of 14.84 and a beta of 1.16.

YY (NASDAQ:YY) last issued its quarterly earnings data on Thursday, August 10th. The information services provider reported $1.53 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.34 by $0.19. YY had a net margin of 22.08% and a return on equity of 39.07%. The company had revenue of $384.85 million during the quarter, compared to the consensus estimate of $366.35 million. During the same quarter in the prior year, the firm earned $0.90 earnings per share. The firm’s revenue was up 28.9% compared to the same quarter last year. Analysts forecast that YY Inc. will post $6.19 EPS for the current year.

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.

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