Youku.com Stock Rating Reaffirmed by Goldman Sachs (YOKU)
A number of other analysts have also recently weighed in on YOKU. Analysts at Piper Jaffray initiated coverage on shares of Youku.com in a research note to investors on Friday. They set a “neutral” rating and a $16.00 price target on the stock. Separately, analysts at Maxim Group downgraded shares of Youku.com from a “hold” rating to a “sell” rating in a research note to investors on Monday, February 4th. They now have a $16.00 price target on the stock. Finally, analysts at Deutsche Bank initiated coverage on shares of Youku.com in a research note to investors on Monday, January 28th. They set a “buy” rating and a $29.56 price target on the stock.
Shares of Youku.com traded down 2.70% during mid-day trading on Friday, hitting $19.84. Youku.com has a one year low of $13.82 and a one year high of $32.75. The stock’s 50-day moving average is currently $21.87. The company’s market cap is $3.244 billion.
Youku.com last posted its quarterly earnings results on Thursday, February 28th. The company reported ($0.11) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.14) by $0.03. The company had revenue of $102.00 million for the quarter. During the same quarter in the previous year, the company posted ($0.07) earnings per share. The company’s revenue for the quarter was up 107.7% on a year-over-year basis. On average, analysts predict that Youku.com will post $-3.64 earnings per share for the current fiscal year.
Youku.com Inc. is an Internet television company in People’s Republic of China. Its Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices.
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