Vetr Inc. bumped up the target of NetEase Inc (ADR) (NASDAQ:NTES) to $318.49 stating a potential upside of 0.11%.
On 5/16/2017, Vetr Inc. released a statement for NetEase Inc (ADR) (NASDAQ:NTES) bumped up the target price from $0.00 to $318.49 that suggested an upside of 0.09%.
Boasting a price of $286.75, NetEase Inc (ADR) (NASDAQ:NTES) traded 1.96% higher on the day. With the last stock price close up -1.45% from the two hundred day average, compared with the S&P 500 Index which has increased 0.01% over the date range. NetEase Inc (ADR) has recorded a 50-day average of $273.95 and a two hundred day average of $286.05. Trading volume was down over the average, with 837,593 shares of NTES changing hands under the typical 1,324,210
Recent Performance Chart
NetEase Inc (ADR) has 52 week low of $211.11 and a 52 week high of $337.55 and has a market capitalization of $0.
In addition to Vetr Inc. reporting its target price, a total of 19 firms have reported on the stock. The consensus target price is $176.08 with 6 firms rating the stock a strong buy, 8 firms rating the stock a buy, 3 firms rating the stock a hold, 2 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.
About 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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