On Wednesday RBC Capital Markets reiterated its broker consensus on shares of Yahoo! Inc. (NASDAQ:YHOO) giving the company a ‘Sector Perform’ rating.
RBC Capital Markets gave shares of Yahoo! Inc. a price target of 45 indicating a potential increase of 5.31% from Yahoo! Inc.’s current price of 42.73.
In the prior 12 months Yahoo! Inc.’s stock price has increased by 27.55% from 33.5 to 42.73.
Yahoo! Inc. has 951,782,000 shares in issue which have a share price of 42.73 giving Yahoo! Inc. a market capitalisation of 40.67B USD .
The 52 week high of Yahoo! Inc.’s shares is 44.92 whilst the 52 week low for the company’s shares is 26.15. The 50 day moving average of NASDAQ:YHOO is 43.14 and the 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.