A statement released earlier today by Mizuho Securities about Yelp (NYSE:YELP) lowers the target price to $44.00
- Updated: February 11, 2017
In a report issued 02/10/2017 Mizuho Securities lowered the target price of Yelp (NYSE:YELP) from $45.00 to $44.00 indicating a possible upside of 0.06%.
On 02/01/2017, Vetr Inc. released a statement about Yelp (NYSE:YELP) upped the target price from $0.00 to $44.44 that suggested an upside of 0.04%.
Only yesterday Yelp (NYSE:YELP) traded -13.64% lower at $41.49. The company’s 50-day moving average is $40.64 and its 200-day moving average is $37.73. With the last close up -5.05% relative to the two hundred day average, compared with the S&P 500 Index which has increased 0.06% over the date range. Trade Volume was up over the average, with 16,022,030 shares of YELP changing hands over the typical 2,037,190
Recent Performance Chart
Yelp has a with a one year low of $15.84 and a one year high of $43.41 YELP’s total market value is presently $0.
Also covering Yelp's price target, a total of 28 brokers have issued a research note on the company. The average stock price target is $27.43 with two equity analysts rating the company a strong buy, ten firms rating the stock a buy, 22 firms rating the stock a hold, four analysts rating the company a underperform, and lastly zero brokers rating the stock a sell.
Brief Synopsis On Yelp (NYSE:YELP)
Yelp Inc. (Yelp) connects people with local businesses by bringing word of mouth online and providing a platform for businesses and consumers to engage and transact. The Company provides local business review sites. Yelp provides a platform for consumers to share their everyday local business experiences, through reviews, tips, photos and videos, and engages directly with businesses, through reviews, phone calls and its Message the Business feature. Its platform also provides businesses of all sizes with a range of free and paid services that help them engage with consumers. The Company has a range of communities of contributors across the world that contributes the content on its platform. These contributors provide firsthand information about local businesses in the form of reviews and ratings, tips, photos and videos. The Company has Yelp communities in Argentina, Australia, Austria, Belgium, Brazil, Canada, Switzerland, Taiwan, Turkey, the United Kingdom and the United States.
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