Today analysts at Susquehanna reiterated Yahoo! Inc.’s (NASDAQ:YHOO) shares as ‘Positive’ in a report released to investors.
According to Susquehannas price target of 48 on the company’s stock this indicates the broker now believes there is an increase of 12.7% from Yahoo! Inc.’s current price of 42.59.
In the last year Yahoo! Inc.’s stock price has increased by 27.13% from 33.5 to 42.59.
The number of Yahoo! Inc. shares in issue is 951,782,000 which have a current share price of 42.59 bringing Yahoo! Inc.’s market capitalisation to 40.54B USD.
The 52 week high of shares in Yahoo! Inc. is 44.92 while the 52 week low for the company’s shares is 26.15. The businesses 50 day moving average is 43.14 and its 200 day moving average is 39.3.
Yahoo! Inc. (Yahoo), along with its subsidiaries, is engaged in digital information discovery. The Company’s segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific. The Company focuses on informing, connecting and entertaining its users with its search (Yahoo search), communications, including Yahoo Mail and Yahoo Messenger, and digital content products, including Tumblr, and its four verticals, such as Yahoo News, Yahoo Sports, Yahoo Finance and Yahoo Lifestyle. Yahoo Search is a search engine that serves as a guide for users to discover the information on the Internet. Yahoo Mail connects users to the people and things across mobile and desktop. Yahoo Messenger is an instant messaging service that provides an interactive and personalized way for users to connect and communicate in real-time. The Company’s Digital Content offerings include Tumblr, its social platform, and its four verticals, including News, Sports, Finance and Lifestyle.