Yandex (YNDX) Lifted to Strong-Buy at BidaskClub
BidaskClub upgraded shares of Yandex (NASDAQ:YNDX) from a buy rating to a strong-buy rating in a report issued on Wednesday.
YNDX has been the subject of several other research reports. Deutsche Bank upped their price target on shares of Yandex to $50.00 and gave the company a buy rating in a research report on Tuesday, January 16th. Zacks Investment Research downgraded shares of Yandex from a hold rating to a sell rating in a research report on Friday, October 20th. VTB Capital downgraded shares of Yandex from a buy rating to a hold rating in a research report on Thursday, November 2nd. JPMorgan Chase & Co. reiterated an overweight rating and issued a $47.00 target price on shares of Yandex in a research report on Thursday, February 8th. Finally, Bank of America increased their target price on shares of Yandex from $38.00 to $45.00 and gave the stock a buy rating in a research report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, two have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and a consensus price target of $38.90.
Shares of Yandex (NASDAQ:YNDX) traded up $1.47 during trading hours on Wednesday, hitting $38.89. 5,044,200 shares of the company traded hands, compared to its average volume of 2,427,169. The company has a current ratio of 4.47, a quick ratio of 4.47 and a debt-to-equity ratio of 0.22. The stock has a market cap of $12,190.50, a P/E ratio of 63.42, a PEG ratio of 0.92 and a beta of 2.84. Yandex has a fifty-two week low of $21.40 and a fifty-two week high of $42.72.
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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.
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