CLSA began coverage on shares of So-Young International (NASDAQ:SY) in a report released on Monday, The Fly reports. The brokerage issued a buy rating on the stock.
Several other research analysts also recently commented on the company. Deutsche Bank initiated coverage on So-Young International in a research note on Tuesday, May 28th. They issued a buy rating for the company. Canaccord Genuity initiated coverage on So-Young International in a research note on Tuesday, May 28th. They issued a buy rating and a $21.00 price objective for the company. CICC Research initiated coverage on So-Young International in a research note on Monday, June 10th. They issued a buy rating and a $20.00 price objective for the company. Finally, Needham & Company LLC initiated coverage on So-Young International in a research note on Tuesday, May 28th. They issued a buy rating and a $16.50 price objective for the company. Five equities research analysts have rated the stock with a buy rating, The stock presently has a consensus rating of Buy and an average target price of $19.17.
NASDAQ SY traded up $0.11 during mid-day trading on Monday, hitting $13.99. The stock had a trading volume of 600 shares, compared to its average volume of 306,494. The stock’s 50 day moving average is $14.49. So-Young International has a twelve month low of $12.47 and a twelve month high of $22.80.
An institutional investor recently bought a new position in So-Young International stock. TB Alternative Assets Ltd. acquired a new position in shares of So-Young International Inc – (NASDAQ:SY) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 12,519,106 shares of the company’s stock, valued at approximately $173,890,000. So-Young International comprises approximately 22.2% of TB Alternative Assets Ltd.’s investment portfolio, making the stock its biggest position. TB Alternative Assets Ltd. owned 12.34% of So-Young International at the end of the most recent reporting period. Institutional investors own 13.08% of the company’s stock.
So-Young International Company Profile
So-Young International Inc operates an online platform for discovering, evaluating, and reserving medical aesthetic services. The company facilitates research for treatments, read reviews about them, and book appointments on the platform and blog under the name Beauty Diaries. Its platform enables users to discover content and share their own experience on medical aesthetics procedures, and leads users to reserve treatment services from medical aesthetic service providers for offline treatment in China and internationally.
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