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Analyst Rating: Will JOYY Inc (YY) Stock Lead the Market?

Tuesday, October 19, 2021 11:21 AM | InvestorsObserver Analysts
Analyst Rating: Will JOYY Inc (YY) Stock Lead the Market?

Wall Street is positive on JOYY Inc (YY). On average, analysts give JOYY Inc a Strong Buy rating. The average price target is $105.5, which means analysts expect the stock to rise by 81.87% over the next twelve months. That average ranking earns JOYY Inc an Analyst Rating of 72, which is better than 72% of stocks based on data compiled by InvestorsObserver.

Overall Score - 4.9
Wall Street analysts are rating YY a Strong Buy today. Find out what this means to you and get the rest of the rankings on YY!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With JOYY Inc Stock Today?

JOYY Inc (YY) stock is trading at $58.01 as of 11:14 AM on Tuesday, Oct 19, a gain of $1.02, or 1.79% from the previous closing price of $56.99. The stock has traded between $56.13 and $58.20 so far today. Volume today is light. So far 171,404 shares have traded compared to average volume of 1,027,510 shares. Click Here to get the full Stock Report for JOYY Inc stock.

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