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Jefferies Sticks to Their Buy Rating for Huya (HUYA)

Jefferies analyst Thomas Chong maintained a Buy rating on Huya (HUYAResearch Report) today and set a price target of $6.90. The company’s shares closed yesterday at $3.32.

According to TipRanks, Chong is a 4-star analyst with an average return of 8.0% and a 48.62% success rate. Chong covers the Technology sector, focusing on stocks such as Baidu, JOYY, and Weibo.

Huya has an analyst consensus of Hold, with a price target consensus of $4.43.

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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 2.06M.

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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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