Barclays Keeps Their Hold Rating on NetEase Inc

By Jason Carr

Barclays analyst Gregory Zhao maintained a Hold rating on NetEase Inc (NASDAQ: NTES) yesterday and set a price target of $280. The company’s shares closed yesterday at $266.35.

Zhao has an average return of 61.2% when recommending NetEase Inc.

According to TipRanks.com, Zhao is ranked #1627 out of 4800 analysts.

NetEase Inc has an analyst consensus of Hold, with a price target consensus of $316.20.

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The company has a one-year high of $377.64 and a one-year low of $243.99. Currently, NetEase Inc has an average volume of 1.02M.

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NetEase, Inc. engages in the provision of online internet technology services. It operates through the following business segments: Online Games, Advertising, e-mail Services and E-commerce. The Online Games segment offers multi-player online role-playing games and mobile games.