Financial Market News – March 1st, 2016 – YAHOO JAPAN CORP UNSP ADR EA REPR 2 (OTCMKTS:YAHOY)‘s stock had its “neutral” rating reaffirmed by equities research analysts at Mizuho in a research note issued to investors on Monday, MarketBeat Ratings reports. They currently have a $32.00 price objective on the stock, up from their prior price objective of $29.00. Mizuho’s price target would suggest a potential upside of 304.04% from the company’s current price.
YAHOO JAPAN CORP UNSP ADR EA REPR 2 (OTCMKTS:YAHOY) traded up 1.02% during midday trading on Monday, reaching $7.92. 209,802 shares of the company were exchanged. The company has a 50 day moving average of $7.61 and a 200-day moving average of $7.99. YAHOO JAPAN CORP UNSP ADR EA REPR 2 has a 52-week low of $7.08 and a 52-week high of $9.13. The company has a market capitalization of $22.54 billion and a price-to-earnings ratio of 13.70.
Several other equities research analysts also recently weighed in on the company. Piper Jaffray reissued an “overweight” rating and issued a $31.00 price objective (down from $39.00) on shares of YAHOO JAPAN CORP UNSP ADR EA REPR 2 in a report on Friday, February 5th. Rosenblatt Securities cut YAHOO JAPAN CORP UNSP ADR EA REPR 2 from a “neutral” rating to a “sell” rating in a research note on Friday, February 5th. RBC Capital restated a “sector perform” rating and set a $33.00 price target (down previously from $42.00) on shares of YAHOO JAPAN CORP UNSP ADR EA REPR 2 in a research note on Friday, February 5th. Citigroup Inc. restated a “neutral” rating on shares of YAHOO JAPAN CORP UNSP ADR EA REPR 2 in a research note on Thursday, December 10th. Finally, Nomura restated a “neutral” rating and set a $34.00 price target (down previously from $40.00) on shares of YAHOO JAPAN CORP UNSP ADR EA REPR 2 in a research note on Friday, February 5th. One equities research analyst has rated the stock with a sell rating, nine have issued a hold rating and thirteen have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and an average price target of $38.81.