In a report released today, John Egbert from Stifel Nicolaus maintained a Hold rating on Yelp (YELP – Research Report), with a price target of $34.00. The company’s shares closed last Monday at $36.50.
According to TipRanks.com, Egbert is a 4-star analyst with an average return of 12.3% and a 50.8% success rate. Egbert covers the Technology sector, focusing on stocks such as Tencent Music Entertainment Group, Spotify Technology SA, and Criteo SA.
The word on The Street in general, suggests a Hold analyst consensus rating for Yelp with a $35.50 average price target.
Yelp’s market cap is currently $2.56B and has a P/E ratio of 53.72. The company has a Price to Book ratio of 3.65.
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Yelp, Inc. hosts an online database of user-generated reviews of local businesses. It provides reviews on local businesses, which include restaurants, boutiques and salons, dentists, mechanics and plumbers.