Smarter Analyst

SunTrust Robinson Sticks to Their Hold Rating for Yelp Inc (YELP)

In a report released yesterday, Matthew Thornton from SunTrust Robinson maintained a Hold rating on Yelp Inc (YELP), with a price target of $37. The company’s shares closed last Monday at $34.62.

Thornton has an average return of 25.2% when recommending Yelp Inc.

According to TipRanks.com, Thornton is ranked #1864 out of 5234 analysts.

The word on The Street in general, suggests a Hold analyst consensus rating for Yelp Inc with a $37.71 average price target, which is a 10.1% upside from current levels. In a report issued on August 9, Stifel Nicolaus also maintained a Hold rating on the stock with a $38 price target.

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The company has a one-year high of $52.50 and a one-year low of $29.33. Currently, Yelp Inc has an average volume of 1.46M.

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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.