NetEase Inc (ADR) (NASDAQ:NTES) target upped to $266.16, released a report earlier today by Vetr Inc.
- Updated: October 7, 2016
NetEase Inc (ADR) (NASDAQ:NTES) had its target price raised to $266.16 by Vetr Inc. in a report released 10/10/2016. The new target price indicates a possible upside of 0.05% based on the company's previous closing price.
On 10/03/2016, Vetr Inc. released a statement on NetEase Inc (ADR) (NASDAQ:NTES) bumped up the target price from $0.00 to $266.16 that indicated a possible upside of 0.11%.
Only yesterday NetEase Inc (ADR) (NASDAQ:NTES) traded -1.18% lower at $252.95. NetEase Inc (ADR)’s 50-day average is $231.21 and its two hundred day average is $184.50. The last stock close price is up 37.10% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same period. Trade Volume was down over the average, with 809,333 shares of NTES changing hands under the typical 1,135,570
Recent Performance Chart
NetEase Inc (ADR) has a 52 week low of $128.81 and a 52 week high of $257.56 with a price-earnings ratio of 24.20 The company’s market cap is currently $0.
Also covering NetEase Inc (ADR)'s target, a total of 19 equity analysts have released a ratings update on NetEase Inc (ADR). The 12-month price target is $176.08 with six brokers rating the stock a strong buy, 8 firms rating the stock a buy, 3 firms rating the company a hold, two brokerages rating the stock a underperform, and finally zero analysts rating the company a sell.
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.
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