Yandex N.V. (NASDAQ:YNDX) has been assigned a consensus recommendation of “Hold” from the eleven research firms that are currently covering the company, Marketbeat reports. One analyst has rated the stock with a sell rating, four have given a hold rating and five have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $36.68.

A number of analysts have weighed in on the stock. Bank of America raised their target price on shares of Yandex from $38.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, November 27th. VTB Capital lowered shares of Yandex from a “buy” rating to a “hold” rating in a research report on Thursday, November 2nd. Zacks Investment Research upgraded shares of Yandex from a “hold” rating to a “buy” rating and set a $38.00 target price on the stock in a research report on Thursday, October 5th. BidaskClub upgraded shares of Yandex from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Deutsche Bank raised their target price on shares of Yandex from $38.00 to $42.00 and gave the company a “buy” rating in a research report on Wednesday, October 25th.

Shares of Yandex (NASDAQ:YNDX) opened at $32.05 on Friday. Yandex has a 52-week low of $19.92 and a 52-week high of $35.32. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.47 and a quick ratio of 4.47. The firm has a market cap of $10,659.36, a P/E ratio of 55.46, a price-to-earnings-growth ratio of 1.74 and a beta of 2.80.

Yandex (NASDAQ:YNDX) last issued its earnings results on Tuesday, October 24th. The information services provider reported $0.13 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.13. Yandex had a net margin of 7.32% and a return on equity of 14.48%. The firm had revenue of $404.00 million for the quarter. During the same quarter in the prior year, the business earned $11.64 EPS. The business’s quarterly revenue was up 21.5% on a year-over-year basis. equities research analysts expect that Yandex will post 0.57 EPS for the current fiscal year.

Large investors have recently modified their holdings of the company. Parallel Advisors LLC lifted its holdings in shares of Yandex by 13.6% during the second quarter. Parallel Advisors LLC now owns 3,949 shares of the information services provider’s stock worth $114,000 after purchasing an additional 472 shares during the period. QCM Cayman Ltd. acquired a new position in shares of Yandex during the second quarter worth $206,000. Fieldpoint Private Securities LLC acquired a new position in shares of Yandex during the third quarter worth $273,000. Bank of New York Mellon Corp acquired a new position in shares of Yandex during the third quarter worth $305,000. Finally, Aperio Group LLC acquired a new position in shares of Yandex during the third quarter worth $342,000. Institutional investors own 65.85% of the company’s stock.

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Yandex Company Profile

Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company’s segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company’s Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.

Analyst Recommendations for Yandex (NASDAQ:YNDX)

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