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Bank of China Keeps Their Buy Rating on Netease Inc (9999)
In a report released yesterday, from Bank of China maintained a Buy rating on Netease Inc, with a price target of HK$250.00.
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Currently, the analyst consensus on Netease Inc is a Strong Buy with an average price target of HK$255.81.
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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