Analysts Offer Insights on Communication Services Companies: Dentsu (OtherDNTUF) and NetEase (NTES)
Analysts have been eager to weigh in on the Communication Services sector with new ratings on Dentsu (DNTUF – Research Report) and NetEase (NTES – Research Report).
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Dentsu (DNTUF)
In a report released today, Hideo Noda from CLSA maintained a Hold rating on Dentsu, with a price target of Yen2800.00. The company’s shares closed last Tuesday at $18.90.
Noda has an average return of
According to TipRanks.com, Noda is ranked #4596 out of 12109 analysts.
Dentsu has an analyst consensus of Hold, with a price target consensus of $22.12.
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NetEase (NTES)
In a report released yesterday, Lincoln Kong from Goldman Sachs maintained a Buy rating on NetEase, with a price target of $164.00. The company’s shares closed last Wednesday at $118.50.
Kong has an average return of
According to TipRanks.com, Kong is ranked #2597 out of 12109 analysts.
NetEase has an analyst consensus of Strong Buy, with a price target consensus of $162.56, implying a 33.7% upside from current levels. In a report issued on February 10, Bank of America Securities also maintained a Buy rating on the stock with a $166.00 price target.
