TipRanksStock Market NewsSY NewsNeedham Thinks So-Young International’s Stock is Going to Recover

Needham Thinks So-Young International’s Stock is Going to Recover

In a report released today, Vincent Yu from Needham maintained a Buy rating on So-Young International (SYResearch Report), with a price target of $9.00. The company’s shares closed last Wednesday at $4.30, close to its 52-week low of $3.86.

According to TipRanks.com, Yu is ranked 0 out of 5 stars with an average return of -6.0% and a 25.2% success rate. Yu covers the Technology sector, focusing on stocks such as Tencent Music Entertainment Group, China Online Education Group, and Lizhi Inc.

So-Young International has an analyst consensus of Moderate Buy, with a price target consensus of $9.00.

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So-Young International’s market cap is currently $450.9M and has a P/E ratio of 115.50. The company has a Price to Book ratio of 1.42.

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So-Young International, Inc. engages in discovering, evaluating and reserving medical aesthetic services. Its business model comprises of three components: Content and its distribution through major social media networks and targeted media platforms in China; Social community characterized by signature user-generated content and; Online reservation services for medical aesthetic treatment. The company was founded by Jin Xing and Yu Tao in March 2013 and is headquartered in Beijing, China.

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