Needham analyst Vincent Yu assigned a Buy rating to Huya (HUYA) today and set a price target of $24.00. The company’s shares closed last Wednesday at $15.44.
According to TipRanks.com, Yu is ranked 0 out of 5 stars with an average return of -24.6% and a 31.8% success rate. Yu covers the Technology sector, focusing on stocks such as China Online Education Group, So-Young International, and Ehang Holdings Ltd.
Huya has an analyst consensus of Strong Buy, with a price target consensus of $20.67.
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Huya’s market cap is currently $3.39B and has a P/E ratio of 52.40. The company has a Price to Book ratio of 2.67.
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HUYA, Inc. is a holding company, which engages in the development of game live streaming platform. The company provides live streaming content for mobile, personal computer, and console games. It also offers content to other entertainment genres, such as talent shows, anime, and outdoor activities. The company was founded in 2014 and is headquartered in Guangzhou, China.
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