Netease Inc (9999) Receives a Buy from CICC
CICC analyst maintained a Buy rating on Netease Inc yesterday and set a price target of HK$275.00.
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Netease Inc has an analyst consensus of Strong Buy, with a price target consensus of HK$256.20.
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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