ValuEngine upgraded shares of Changyou.Com (NASDAQ:CYOU) from a buy rating to a strong-buy rating in a research note released on Monday, February 5th.
A number of other equities research analysts have also weighed in on CYOU. Deutsche Bank upgraded Changyou.Com from a hold rating to a buy rating in a research report on Monday, October 30th. BidaskClub upgraded Changyou.Com from a strong sell rating to a sell rating in a research report on Friday, February 2nd. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of $38.06.
Shares of Changyou.Com (CYOU) opened at $28.13 on Monday. The firm has a market capitalization of $1,459.72, a P/E ratio of 13.73, a PEG ratio of 0.59 and a beta of 0.80. Changyou.Com has a 1 year low of $24.49 and a 1 year high of $44.55.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BNP Paribas Arbitrage SA lifted its stake in shares of Changyou.Com by 164.3% in the 3rd quarter. BNP Paribas Arbitrage SA now owns 2,543 shares of the technology company’s stock valued at $101,000 after purchasing an additional 1,581 shares during the period. Caxton Associates LP purchased a new position in shares of Changyou.Com in the 3rd quarter valued at approximately $202,000. Campbell & CO Investment Adviser LLC purchased a new position in shares of Changyou.Com in the 3rd quarter valued at approximately $228,000. APG Asset Management N.V. purchased a new position in shares of Changyou.Com in the 3rd quarter valued at approximately $246,000. Finally, JPMorgan Chase & Co. purchased a new position in shares of Changyou.Com in the 3rd quarter valued at approximately $263,000. Institutional investors own 27.70% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This piece of content was originally posted by Week Herald and is the sole property of of Week Herald. If you are viewing this piece of content on another domain, it was stolen and reposted in violation of U.S. & international copyright & trademark laws. The correct version of this piece of content can be accessed at https://weekherald.com/2018/02/15/changyou-com-cyou-lifted-to-strong-buy-at-valuengine.html.
Changyou.com Limited is an online game developer and operator. The Company is engaged in the development, operation and licensing of online games for personal computers (PCs) and mobile devices. The Company’s segments include Online Game segment, which consists primarily of PC games and mobile games; the Platform Channel segment, which consists primarily of online advertising services offered on the 17173.com Website, Internet value-added services (IVAS) offered on the Dolphin Browser and RaidCall and online card and board games offered by MoboTap, and the Cinema Advertising segment, which consists primarily of the acquisition, from operators of movie theaters, and the sale, to advertisers, of pre-film advertising slots, which are advertisements shown before the screening of a movie in a cinema theater.
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Changyou.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Changyou.Com and related companies with MarketBeat.com's FREE daily email newsletter.