NetEase (NTES) : 4 brokerage houses believe that NetEase (NTES) is a Strong Buy at current levels. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on NetEase (NTES). Zacks Investment Research suggests a Strong Buy with a rank of 1. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock.The median of all the 7 Wall Street Analysts endorse the stock as a Buy with a rating of 2.
NetEase (NTES) : The highest short term price target forecast on NetEase (NTES) is $256 and the lowest target price is $192. A total of 4 equity analysts are currently covering the company. The average price of all the analysts is $219.5 with a standard deviation of $31.25.
NetEase, Inc. has dropped 0.01% in the last five trading days, however, the shares have posted positive gains of 5.99% in the last 4 weeks. NetEase, Inc. is up 22.51% in the last 3-month period. Year-to-Date the stock performance stands at 18.69%. NetEase (NASDAQ:NTES): stock turned positive on Tuesday. Though the stock opened at $213.56, the bulls momentum made the stock top out at $214.98 level for the day. The stock recorded a low of $211.75 and closed the trading day at $213.17, in the green by 0.28%. The total traded volume for the day was 765,844. The stock had closed at $212.57 in the previous days trading.
NetEase, Inc. (NetEase) is a holding company. The Company, through its subsidiaries and contracts with its affiliates Guangzhou NetEase Computer System Co., Ltd., Beijing Guangyitong Advertising Co., Ltd., Shanghai EaseNet Network Technology Co., Ltd., and certain other affiliated companies, operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet portal, e-mail, e-commerce and other businesses. The Company operates in three segments: Online Game Services, Advertising Services, and E-mail, E-commerce and Others. The Company conducts its business mainly in China.