Vetr Inc. recorded Yelp Inc (NYSE:YELP), bumping up its target to $42.74 earlier today
- Updated: September 27, 2016
Vetr Inc. bumped up the target of Yelp Inc (NYSE:YELP) to $42.74 stating a potential upside of 0.03%.
On 09/26/2016, Maxim Group released a statement for Yelp Inc (NYSE:YELP) bumped up the target price from $42.00 to $45.00 that suggested an upside of 0.14%.
Boasting a price of $41.52, Yelp Inc (NYSE:YELP) traded 5.65% higher on the day. With the last stock price close up 46.02% 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 $37.95 and a two hundred day average of $28.54. Volume of trade was up over the average, with 4,222,819 shares of YELP changing hands over the typical 2,466,040
With a total market value of $0, Yelp Inc has 52 week low of $14.53 and a 52 week high of $41.77 .
In addition to Vetr Inc. reporting its target price, a total of 28 firms have issued a report on the stock. The consensus target price is $27.43 with 2 equity analysts rating the company a strong buy, ten equity analysts rating the company a buy, twenty-two equity analysts rating the company a hold, four equity analysts rating the company a underperform, and lastly zero equity analysts rating the company a sell.
Brief Synopsis 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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