A statement released earlier today by T.H. Capital about Netease.com (NASDAQ:NTES) ups the target price to $297.00
- Updated: October 12, 2016
Yesterday Netease.com (NASDAQ:NTES) traded 2.84% higher at $261.42. NTES’s 50-day average is $235.25 and its two hundred day average is $186.91. The last stock price is up 39.86% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. Trading volume was up over the average, with 2,036,734 shares of NTES changing hands over the typical 1,105,110
Netease.com (NASDAQ:NTES) had its price target upped to $297.00 by T.H. Capital in an issued report announced 10/13/2016. The bumped up price target implies a potential upside of 0.14% from the company's last closing price.
Previously on 10/12/2016, CICC Research released a statement on Netease.com (NASDAQ:NTES) increased the target price from $0.00 to $345.00 that suggested an upside of 0.36%.
Recent Performance Chart
With a market capitalization of $0, Netease.com has price-earnings ratio of 25.03 with a one year low of $129.60 and a 52 week high of $270.93 .
In addition to T.H. Capital reporting its stock price target, a total of 19 brokerages have released a report on Netease.com. The 12-month price target is $176.08 with 6 brokerages rating the stock a strong buy, 8 firms rating the stock a buy, three analysts rating the company a hold, two equity analysts rating the company a underperform, and lastly zero brokerages rating the company a sell.
General Information About Netease.com (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.