Jefferies analyst Karen Chan reiterated a Buy rating on YY Inc (NASDAQ: YY) today and set a price target of $130. The company’s shares opened today at $90.
According to TipRanks.com, Chan is a 4-star analyst with an average return of 14.2% and a 58.3% success rate. Chan covers the Technology sector, focusing on stocks such as NetEase Inc, Sina Corp, and Momo Inc.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for YY Inc with a $144 average price target.
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YY Inc’s market cap is currently $4.38B and has a P/E ratio of 15.27. The company has a Price to Book ratio of 3.15.
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YY, Inc. engages in managing a communication social platform, which enables users to join real-time online group activities through voice, text, and video. Its services include music and entertainment, online games, online dating, live game broadcasting, online education, and advertising.
