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Bank of China Reaffirms Their Buy Rating on Netease Inc (9999)

Tipranks - Sat Feb 14, 11:14PM CST

Bank of China analyst maintained a Buy rating on Netease Inc yesterday and set a price target of HK$230.00.

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Currently, the analyst consensus on Netease Inc is a Strong Buy with an average price target of HK$296.47.

Based on Netease Inc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$28.36 billion and a net profit of HK$8.62 billion. In comparison, last year the company earned a revenue of HK$26.21 billion and had a net profit of HK$6.54 billion

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