Shares of DouYu International Holdings Limited (NASDAQ:DOYU) have been given an average broker rating score of 1.13 (Strong Buy) from the four analysts that provide coverage for the stock, Zacks Investment Research reports. One analyst has rated the stock with a buy rating and three have assigned a strong buy rating to the company.
Analysts have set a one year consensus price target of $12.67 for the company and are forecasting that the company will post ($0.07) earnings per share for the current quarter, according to Zacks. Zacks has also given DouYu International an industry rank of 166 out of 256 based on the ratings given to related companies.
DOYU has been the subject of several research reports. 86 Research upgraded shares of DouYu International to a “buy” rating and set a $12.00 price target for the company in a research note on Tuesday, September 3rd. Citigroup initiated coverage on shares of DouYu International in a research note on Monday, August 12th. They issued a “buy” rating for the company. Bank of America initiated coverage on shares of DouYu International in a research note on Monday, August 12th. They issued a “buy” rating for the company. Finally, JPMorgan Chase & Co. initiated coverage on shares of DouYu International in a research note on Tuesday, August 27th. They issued an “overweight” rating for the company.
DouYu International Company Profile
DouYu International Holdings Limited operates a platform on PC and mobile apps that provides interactive games and entertainment live streaming in China. Its platform connects game developers and publishers, professional eSports teams or players and eSports tournament organizers, advertisers, and viewers.
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