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Yirendai (NYSE:YRD) stock price target increased to $60.00, issued a research note today by Macquarie Research

In a report released on Tuesday November 14, 2017 Macquarie Research raised the target price of Yirendai (NYSE:YRD) to $60.00 indicating a possible upside of 0.44%.

On Wednesday May 24, 2017, Zacks Investment Research released a statement about Yirendai (NYSE:YRD) upped the target price from $0.00 to $27.00 that suggested an upside of 0.14%.

Having a price of $41.77, Yirendai (NYSE:YRD) traded -12.43% lower on the day. With the last stock price up 2.15% from the two hundred day average, compared with the Standard & Poor's 500 Index which has increased 0.02% over the same period. YRD has recorded a 50-day average of $24.73 and a two hundred day average of $25.11. Trade Volume was up over the average, with 2,304,335 shares of YRD changing hands over the typical 541,823

Recent Performance Chart

Yirendai (NYSE:YRD)

Yirendai has PE ratio of 12.12 with a one year low of $7.70 and a one year high of $42.34 and has a market capitalization of $0.

A total of 3 brokerages have issued a ratings update on Yirendai. zero brokerages rating the company a strong buy, three equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $11.32.

Brief Synopsis About Yirendai (NYSE:YRD)

Yirendai Ltd. is engaged in online consumer finance marketplace business in China. The Company conducts its business in China, through Yi Ren Heng Ye Technology Development (Beijing) Co., Ltd. (Heng Ye) and its consolidated variable interest entity, Heng Cheng Technology Development (Beijing) Co., Ltd. (Heng Cheng). Heng Cheng operates its Website, www.yirendai.com, and has an Internet content provider (ICP) license as an Internet information provider. Its online marketplace facilitates standard loan products, express loan products and vertical loan products to borrowers. Uses for these loan products include home remodels, durable good purchases, travel and continuing education. Its online marketplace provides investors with various investing tools, such as automated investing tool and self-directed investing tool. It maintains a secondary loan market on its marketplace where investors can transfer the loans they hold prior to maturity at the fair value of the remaining loans.

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