A statement released earlier today by Vetr Inc. about Yelp Inc (NYSE:YELP) bumps the target price to $43.08
- Updated: October 7, 2016
Vetr Inc. bumped up the target of Yelp Inc (NYSE:YELP) to $43.08 stating a potential upside of 0.06%.
On 10/6/2016, Zacks Investment Research released a statement for Yelp Inc (NYSE:YELP) bumped up the target price from $0.00 to $47.00 that suggested an upside of 0.14%.
Boasting a price of $40.69, Yelp Inc (NYSE:YELP) traded -1.14% lower on the day. With the last stock price close up 37.27% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Yelp Inc has recorded a 50-day average of $39.03 and a two hundred day average of $29.62. Volume of trade was down over the average, with 1,178,785 shares of YELP changing hands under the typical 2,357,440
With a total market value of $0, Yelp Inc has with a one year low of $14.53 and a one year high of $43.36 .
A total of 28 equity analysts have released a ratings update on Yelp Inc. Two brokerages rating the company a strong buy, ten brokerages rating the company a buy, twenty-two brokerages rating the company a hold, four brokerages rating the company a underperform, and finally 0 brokers rating the stock a sell with a consensus target price of $27.43.
General Information About Yelp Inc (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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