Home » USA Broker Ratings » YY Inc. – Consenus Indicates Potential 31.5% Upside

YY Inc. – Consenus Indicates Potential 31.5% Upside

YY Inc. found using ticker (YY) now have 23 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 106.55 and 77.4 calculating the mean target price we have 91.93. Given that the stocks previous close was at 69.89 this indicates there is a potential upside of 31.5%. The 50 day moving average now sits at 70.8 while the 200 day moving average is 73.09. The market capitalisation for the company is $5,538m. You can visit the company’s website by visiting: http://www.yy.com

YY Inc., through its subsidiaries, engages in the live streaming business in the People’s Republic of China. The company operates YY Live platform, an online music and entertainment live streaming service; Huya platform, a live streaming platform, including online games, console games, mobile games, entertainments, sports, etc.; and Bigo, a leading short-form video social platform. Its platforms enable users to interact in live online group activities through voice, text, and video. The company’s primary product is YY Client, which enables users to engage in live streaming online; and offers access to user-created online social activity groups. It also provides game center on YY Client, including a game lobby and VIP game access. In addition, the company offers YY Live APP and Huya APP mobile applications to provide various live streaming contents to its users through mobile operating systems. Further, it develops and operates YY.com and Huya.com, as well as other personal computer (PC) Websites, such as 100.com, Duowan.com, etc. that enable users to conduct real-time interactions and watch live streaming content through Web browsers on PC and mobile, without requiring any downloads or installations. Additionally, the company offers online advertising and promotion services. YY Inc. was founded in 2005 and is based in Guangzhou, the People’s Republic of China.