Jefferies analyst Thomas Chong maintained a Buy rating on Huya (HUYA – Research Report) yesterday and set a price target of $5.40. The company’s shares closed yesterday at $2.63.
Chong covers the Technology sector, focusing on stocks such as Alibaba, NetEase, and AutoHome. According to TipRanks, Chong has an average return of 5.2% and a 48.73% success rate on recommended stocks.
Currently, the analyst consensus on Huya is a Moderate Buy with an average price target of $4.35.
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The company has a one-year high of $6.50 and a one-year low of $1.64. Currently, Huya has an average volume of 1.74M.
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HUYA, Inc. is a holding company, which engages in the development of game live streaming platform. The company provides live streaming content for mobile, personal computer, and console games. It also offers content to other entertainment genres, such as talent shows, anime, and outdoor activities. The company was founded in 2014 and is headquartered in Guangzhou, China.
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