A report released today by Vetr Inc. about NetEase Inc (ADR) (NASDAQ:NTES) raises the target price to $218.71
- Updated: September 26, 2016
Boasting a price of $241.10, NetEase Inc (ADR) (NASDAQ:NTES) traded -2.51% lower on the day. With the last stock price close up 35.07% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. NetEase Inc (ADR) has recorded a 50-day average of $220.62 and a two hundred day average of $178.59. Volume of trade was up over the average, with 1,694,056 shares of NTES changing hands over the typical 1,233,190
NetEase Inc (ADR) (NASDAQ:NTES) had its price target upped to $218.71 by Vetr Inc. in a report released Monday September 26, 2016. The updated stock price target implies a possible downside of -0.09% from the company's most recent stock price close.
On 09/19/2016, Vetr Inc. released a statement for NetEase Inc (ADR) (NASDAQ:NTES) bumped up the target price from $0.00 to $210.98 that suggested a downside of -0.11%.
With a market capitalization of $0, NetEase Inc (ADR) has PE ratio of 23.08 with a one year low of $112.52 and a one year high of $254.48 .
A total of 19 brokerages have issued a ratings update on NetEase Inc (ADR). Six brokerages rating the company a strong buy, eight brokerages rating the company a buy, three brokerages rating the company a hold, two brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $176.08.
General Company Details For NetEase Inc (ADR) (NASDAQ:NTES)
NetEase, Inc. (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others. Its online games business primarily focuses on offering personal computer (PC)-client massively multi-player online role-playing games (PC-client MMORPGs), as well as mobile games to the Chinese market. The NetEase Websites provide Internet users with Chinese language online services centered over three core service categories, which include content, community and communication. Its online advertising offerings include banner advertising, direct e-mail, sponsored special events, games, contests and other activities. It offers free and fee-based premium e-mail services to its individual users and corporate users.
Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.