Zacks Investment Research issued a report on Yelp Inc (NYSE:YELP), boosting its stock price target to $47.00 earlier today
- Updated: October 6, 2016
Showing a price of $41.13, Yelp Inc (NYSE:YELP) traded -2.13% lower on the day. With the last stock price close up 40.38% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time. The company has recorded a 50-day moving average of $38.82 and a 200-day moving average of $29.39. Trade Volume was down over the average, with 1,489,034 shares of YELP changing hands under the typical 2,366,100
In a report issued 10/06/2016 Zacks Investment Research upped the price target of Yelp Inc (NYSE:YELP) to $47.00 reporting a potential upside of 0.14%.
On 10/03/2016, Vetr Inc. released a statement for Yelp Inc (NYSE:YELP) bumped up the target price from $0.00 to $42.74. At the time, this suggested an upside of 0.02%.
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Yelp Inc has 52 week low of $14.53 and a 52 week high of $43.36 and has a market cap of $0.
Also covering Yelp Inc's price target, a total of 28 brokers have issued a research note on YELP. The one year target is $27.43 with 2 firms rating the company a strong buy, ten equity analysts rating the company a buy, twenty-two brokerages rating the company a hold, 4 brokers rating the stock a underperform, and finally 0 firms rating the company a sell.
More 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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