NetEase Inc. (NASDAQ:NTES)’s share price traded up 2.5% during trading on Friday . The company traded as high as $206.49 and last traded at $205.27, with a volume of 847,144 shares trading hands. The stock had previously closed at $200.29.

A number of equities analysts recently commented on the company. Brean Capital restated a “buy” rating on shares of NetEase in a report on Tuesday, August 2nd. Zacks Investment Research upgraded NetEase from a “hold” rating to a “buy” rating and set a $232.00 target price for the company in a report on Thursday, July 28th. Deutsche Bank AG upped their target price on NetEase from $190.00 to $207.00 and gave the company a “buy” rating in a report on Friday, June 24th. Finally, Nomura upgraded NetEase from a “neutral” rating to a “buy” rating and upped their target price for the company from $174.00 to $194.00 in a report on Thursday, May 12th. Two analysts have rated the stock with a sell rating, one has issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $185.00.

The firm’s 50-day moving average is $193.80 and its 200 day moving average is $161.02. The company has a market capitalization of $27.09 billion and a PE ratio of 22.79.

NetEase (NASDAQ:NTES) last posted its quarterly earnings data 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. Analysts anticipate that NetEase Inc. will post $11.08 EPS for the current fiscal year.

A number of institutional investors have bought and sold shares of the stock. Airain ltd boosted its position in NetEase by 394.0% in the fourth quarter. Airain ltd now owns 15,535 shares of the company’s stock worth $2,816,000 after buying an additional 12,390 shares during the last quarter. BNP Paribas Arbitrage SA boosted its position in NetEase by 533.9% in the fourth quarter. BNP Paribas Arbitrage SA now owns 83,128 shares of the company’s stock worth $15,066,000 after buying an additional 70,015 shares during the last quarter. Trexquant Investment LP boosted its position in NetEase by 92.8% in the fourth quarter. Trexquant Investment LP now owns 10,410 shares of the company’s stock worth $1,887,000 after buying an additional 5,010 shares during the last quarter. Advisors Asset Management Inc. boosted its position in NetEase by 4.7% in the fourth quarter. Advisors Asset Management Inc. now owns 38,603 shares of the company’s stock worth $6,996,000 after buying an additional 1,736 shares during the last quarter. Finally, Principal Financial Group Inc. acquired a new position in NetEase during the fourth quarter worth about $21,656,000.

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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