Somewhat Positive News Coverage Somewhat Unlikely to Affect Yandex (NASDAQ:YNDX) Share Price
Press coverage about Yandex (NASDAQ:YNDX) has been trending somewhat positive recently, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by analyzing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Yandex earned a news impact score of 0.25 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 46.0724024381236 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news stories that may have effected Accern Sentiment Analysis’s rankings:
- Charting the Yandex NV (YNDX): does technical analysis work? – Wall Street Morning (wallstreetmorning.com)
- Hot Mover of the Day – Yandex NV (NASDAQ: YNDX) – Stocks Pen (stockspen.com)
- Yandex NV, (NASDAQ: YNDX) – Investor’s Alert (Volatility in Focus) – Stock Watch (stocksnewstimes.com)
- New Research Coverage Highlights YY, Just Energy Group, Ericsson, Himax Technologies, Ryanair, and Yandex N.V. — Consolidated Revenues, Company Growth, and Expectations for 2018 (finance.yahoo.com)
- Short Interest in Yandex NV (YNDX) Increases By 30.4% (americanbankingnews.com)
Shares of Yandex (NASDAQ YNDX) opened at $42.40 on Wednesday. The firm has a market capitalization of $14,024.54, a price-to-earnings ratio of 58.08, a PEG ratio of 1.00 and a beta of 2.65. The company has a current ratio of 2.28, a quick ratio of 4.47 and a debt-to-equity ratio of 0.22. Yandex has a 1 year low of $21.40 and a 1 year high of $44.49.
A number of research analysts have commented on YNDX shares. Deutsche Bank upped their price objective on Yandex to $50.00 and gave the company a “buy” rating in a report on Tuesday, January 16th. BidaskClub raised Yandex from a “sell” rating to a “hold” rating in a report on Wednesday, December 27th. TheStreet raised Yandex from a “c” rating to a “b+” rating in a report on Thursday, February 15th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a $47.00 price objective on shares of Yandex in a report on Thursday, February 8th. Finally, Bank of America upped their price objective on Yandex from $38.00 to $45.00 and gave the company a “buy” rating in a report on Monday, November 27th. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $38.90.
Yandex N.V. is an Internet and technology company, and operates Internet search engine. The Company’s segments include Search and Portal, E-commerce, Taxi, Classifieds and Experimental businesses. The Company’s Search and Portal segment offers a range of services in Russia, Ukraine, Belarus and Kazakhstan, among which are search, location-based, personalized and mobile services, that enable the Company’s users to find relevant and objective information to communicate and connect over the Internet, from both their desktops and mobile devices.
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