YY (NASDAQ: YY) recently received a number of ratings updates from brokerages and research firms:

  • 10/2/2017 – YY was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.
  • 10/2/2017 – YY had its price target raised by analysts at Bank of America Corporation from $89.00 to $101.00. They now have a “buy” rating on the stock.
  • 9/26/2017 – YY was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $85.06 price target on the stock.
  • 9/25/2017 – YY was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $82.17 price target on the stock.
  • 9/9/2017 – YY was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 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 “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.
  • 8/11/2017 – 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 price target raised by analysts at Citigroup Inc. to $100.00. They now have a “buy” rating on the stock.
  • 8/7/2017 – YY was downgraded by analysts at ValuEngine from a “strong-buy” rating to a “buy” rating.

YY Inc. (YY) traded up 0.96% on Thursday, hitting $89.62. 399,621 shares of the stock were exchanged. YY Inc. has a 52-week low of $37.81 and a 52-week high of $94.00.

YY (NASDAQ:YY) last released its earnings results on Thursday, August 10th. The information services provider reported $1.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.34 by $0.19. The company had revenue of $384.85 million during the quarter, compared to the consensus estimate of $366.35 million. YY had a return on equity of 39.07% and a net margin of 22.08%. YY’s quarterly revenue was up 28.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.90 EPS. On average, analysts anticipate that YY Inc. will post $6.10 earnings per share for the current fiscal 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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