RBC Capital Remains a Hold on Yelp (YELP)
RBC Capital analyst Shweta Khajuria maintained a Hold rating on Yelp (YELP) on July 15 and set a price target of $21.00. The company’s shares closed last Friday at $23.33.
According to TipRanks.com, Khajuria is a 5-star analyst with an average return of 49.8% and a 87.0% success rate. Khajuria covers the Technology sector, focusing on stocks such as J2 Global, TrueCar, and SciPlay.
Yelp has an analyst consensus of Hold, with a price target consensus of $23.63.
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Yelp’s market cap is currently $1.68B and has a P/E ratio of 77.80. The company has a Price to Book ratio of 2.58.
Based on the recent corporate insider activity of 42 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of YELP in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Yelp, Inc. hosts an online database of user-generated reviews of local businesses. It provides reviews on local businesses, which include restaurants, boutiques and salons, dentists, mechanics and plumbers. The firm offers multiple free and paid advertising solutions to engage with consumers, including free online business accounts, search advertising and Yelp Deals. The company was founded by Jeremy Stoppelman and Russell Simmons in July 2004 and is headquartered in San Francisco, CA.