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Analysts Have Conflicting Sentiments on These Communication Services Companies: NetEase (NTES) and Bumble (BMBL)

Tipranks - Tipranks - Sat Jun 27, 6:12AM CDT

Companies in the Communication Services sector have received a lot of coverage today as analysts weigh in on NetEase (NTES) and Bumble (BMBL).

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NetEase (NTES)

In a report released today, Alex Liu from Bank of America Securities maintained a Buy rating on NetEase, with a price target of $172.00. The company’s shares closed last Thursday at $114.82.

According to TipRanks.com, Liu is ranked #10236 out of 12322 analysts.

Currently, the analyst consensus on NetEase is a Strong Buy with an average price target of $152.60.

See today’s best-performing stocks on TipRanks >>

Bumble (BMBL)

In a report released yesterday, Nathan Feather from Morgan Stanley maintained a Hold rating on Bumble, with a price target of $4.00. The company’s shares closed last Thursday at $2.94.

According to TipRanks.com, Feather is a 2-star analyst with an average return of 1.3% and a 47.1% success rate. Feather covers the NA sector, focusing on stocks such as WW International, Inc., Revolve Group, and Chewy. ;'>

Currently, the analyst consensus on Bumble is a Hold with an average price target of $4.37, representing a 63.1% upside. In a report released today, TipRanks – PerPlexity also reiterated a Hold rating on the stock with a $3.00 price target.

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