Yandex NV (NASDAQ:YNDX) has received an average recommendation of “Hold” from the eleven brokerages that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $36.68.

A number of brokerages have weighed in on YNDX. Zacks Investment Research downgraded shares of Yandex from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. TheStreet downgraded shares of Yandex from a “b-” rating to a “c” rating in a research note on Tuesday, October 24th. BidaskClub downgraded shares of Yandex from a “hold” rating to a “sell” rating in a research note on Wednesday, December 6th. Bank of America boosted their target price on shares of Yandex from $38.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, November 27th. Finally, Deutsche Bank boosted their price target on shares of Yandex from $38.00 to $42.00 and gave the stock a “buy” rating in a research note on Wednesday, October 25th.

Yandex (YNDX) opened at $34.34 on Wednesday. Yandex has a 12 month low of $21.16 and a 12 month high of $35.32. The firm has a market cap of $11,220.00, a PE ratio of 101.00, a price-to-earnings-growth ratio of 0.89 and a beta of 2.79. The company has a debt-to-equity ratio of 0.22, a current ratio of 4.47 and a quick ratio of 4.47.

Yandex (NASDAQ:YNDX) last announced its earnings results on Tuesday, October 24th. The information services provider reported $0.13 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.13. Yandex had a net margin of 7.32% and a return on equity of 14.48%. The company had revenue of $404.00 million during the quarter. During the same period in the prior year, the firm posted $11.64 earnings per share. The company’s revenue was up 21.5% on a year-over-year basis. sell-side analysts anticipate that Yandex will post 0.57 EPS for the current year.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. WCM Investment Management CA raised its stake in shares of Yandex by 1.7% during the third quarter. WCM Investment Management CA now owns 15,725,395 shares of the information services provider’s stock worth $518,151,000 after buying an additional 260,240 shares during the last quarter. FMR LLC raised its stake in shares of Yandex by 1.8% during the second quarter. FMR LLC now owns 6,732,588 shares of the information services provider’s stock worth $176,663,000 after buying an additional 120,892 shares during the last quarter. Wells Fargo & Company MN raised its stake in shares of Yandex by 8.2% during the third quarter. Wells Fargo & Company MN now owns 5,826,881 shares of the information services provider’s stock worth $191,996,000 after buying an additional 439,759 shares during the last quarter. Harding Loevner LP raised its stake in shares of Yandex by 45.2% during the third quarter. Harding Loevner LP now owns 5,626,818 shares of the information services provider’s stock worth $124,012,000 after buying an additional 1,752,160 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Yandex by 27.8% during the third quarter. American Century Companies Inc. now owns 4,333,538 shares of the information services provider’s stock worth $142,790,000 after buying an additional 942,720 shares during the last quarter. 65.82% of the stock is owned by institutional investors and hedge funds.

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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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