JOYY Inc. Sponsored ADR (NASDAQ:JOYY) Stock Now Rated "Moderate Buy" by Sell-Side Analysts

Seven sell-side analysts have given JOYY Inc. Sponsored ADR (NASDAQ:JOYY) a consensus "Moderate Buy" rating, with an average 12-month price target of $83.40, which is higher than its current trading price. The company recently increased its quarterly dividend to $1.55 per share, resulting in a 7.7% yield, though its payout ratio is high at 142.72%. Institutional investors and hedge funds own a significant portion of JOYY's stock, which is currently trading near its 12-month high.