Merrill Lynch Remains a Buy on Yandex NV (YNDX)

By Carrie Williams

In a report released today, Haim Israel from Merrill Lynch maintained a Buy rating on Yandex NV (NASDAQ: YNDX), with a price target of $47. The company’s shares opened today at $32.12.

Israel has an average return of 26.8% when recommending Yandex NV.

According to, Israel is ranked #2378 out of 4886 analysts.

Currently, the analyst consensus on Yandex NV is a Moderate Buy with an average price target of $47.

See today’s analyst top recommended stocks >>

Yandex NV’s market cap is currently $10.61B and has a P/E ratio of 15.91. The company has a Price to Book ratio of 3.71.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Yandex NV operates as an investment holding company, which engages in the provision of search engines and online services. It operates through the following business segments: Search and Portal, E-Commerce, Taxi, Classifieds, and Experimental Businesses. The Search and Portal segment includes all the services offered in Russia, Belarus and Kazakhstan.