Barclays Sticks to Their Hold Rating for NetEase (NTES)

Barclays analyst Jiong Shao maintained a Hold rating on NetEase (NTES – Research Report) today and set a price target of $118.00. The company’s shares closed yesterday at $122.76.

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Shao covers the Consumer Cyclical sector, focusing on stocks such as JD, Sea, and BYD Co. According to TipRanks, Shao has an average return of 12.4% and a 56.37% success rate on recommended stocks.

Currently, the analyst consensus on NetEase is a Strong Buy with an average price target of $118.83.

The company has a one-year high of $123.56 and a one-year low of $75.85. Currently, NetEase has an average volume of 1.56M.