In a report released yesterday, Gregory Zhao from Barclays maintained a Buy rating on NetEase Inc (NTES), with a price target of $320. The company’s shares opened today at $262.62.
According to TipRanks.com, Zhao is a 1-star analyst with an average return of -1.9% and a 40.0% success rate. Zhao covers the Technology sector, focusing on stocks such as Tencent, Baidu, and Weibo.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for NetEase Inc with a $301 average price target.
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The company has a one-year high of $289.69 and a one-year low of $184.60. Currently, NetEase Inc has an average volume of 786.6K.
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NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, E-commerce, Advertisign Services, and E-Mail and Others. The Online Games segment offers multi-player online role-playing games and mobile games.
