Orient Securities Keeps Their Buy Rating on Netease Inc (9999)
Orient Securities analyst maintained a Buy rating on Netease Inc on March 6 and set a price target of HK$200.50. The company’s shares closed last Friday at HK$189.20.
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Netease Inc has an analyst consensus of Strong Buy, with a price target consensus of HK$245.95.
Based on Netease Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$27.14 billion and a net profit of HK$6.15 billion. In comparison, last year the company earned a revenue of HK$26.75 billion and had a net profit of HK$8.77 billion
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