NetEase Inc. (NASDAQ:NTES) shares traded up 2% during mid-day trading on Monday . The company traded as high as $200.39 and last traded at $199.94, with a volume of 429,445 shares changing hands. The stock had previously closed at $196.02.

NTES has been the subject of several research analyst reports. Brean Capital initiated coverage on NetEase in a research note on Monday, July 18th. They set a “buy” rating and a $235.00 target price for the company. Deutsche Bank AG upped their target price on NetEase from $190.00 to $207.00 and gave the stock a “buy” rating in a research note on Friday, June 24th. Zacks Investment Research raised NetEase from a “hold” rating to a “strong-buy” rating and set a $186.00 target price for the company in a research note on Tuesday, May 17th. Finally, Nomura Holdings Inc. raised NetEase from a “neutral” rating to a “buy” rating and upped their target price for the stock from $174.00 to $194.00 in a research note on Thursday, May 12th. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $181.71.

The company has a market capitalization of $26.47 billion and a P/E ratio of 22.45. The stock’s 50 day moving average is $180.32 and its 200 day moving average is $157.02.

NetEase (NASDAQ:NTES) last posted its quarterly earnings results on Wednesday, May 11th. The company reported $3.12 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $14.92 by $11.80. On average, equities analysts anticipate that NetEase Inc. will post $10.95 earnings per share for the current year.

Several large investors recently modified their holdings of the company. Airain ltd increased its stake in shares of NetEase by 394.0% in the fourth quarter. Airain ltd now owns 15,535 shares of the company’s stock valued at $2,816,000 after buying an additional 12,390 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in shares of NetEase by 533.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 83,128 shares of the company’s stock valued at $15,066,000 after buying an additional 70,015 shares during the last quarter. Trexquant Investment LP increased its stake in shares of NetEase by 92.8% in the fourth quarter. Trexquant Investment LP now owns 10,410 shares of the company’s stock valued at $1,887,000 after buying an additional 5,010 shares during the last quarter. Advisors Asset Management Inc. increased its stake in shares of NetEase by 4.7% in the fourth quarter. Advisors Asset Management Inc. now owns 38,603 shares of the company’s stock valued at $6,996,000 after buying an additional 1,736 shares during the last quarter. Finally, Andra AP fonden bought a new stake in shares of NetEase during the fourth quarter valued at $4,893,000.

NetEase, Inc (NetEase) is a technology company. The Company operates an interactive online community in China and is a provider of Chinese language content and services through its online games, Internet media, e-mail, e-commerce and other businesses. The Company operates through three segments: Online Game Services; Advertising Services, and E-mail, E-commerce and Others.

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