Bernstein Remains a Buy on Netease Inc (9999)

Bernstein analyst Robin Zhu maintained a Buy rating on Netease Inc (9999 – Research Report) yesterday and set a price target of HK$195.00. The company’s shares closed today at HK$190.00.

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Zhu covers the Consumer Cyclical sector, focusing on stocks such as Alibaba, JD, and PDD Holdings. According to TipRanks, Zhu has an average return of 9.0% and a 56.04% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Netease Inc with a HK$193.33 average price target.

9999 market cap is currently HK$519B and has a P/E ratio of 16.67.