What 5 Analyst Ratings Have To Say About NetEase
Portfolio Pulse from Benzinga Insights
Over the past 3 months, 5 Wall Street analysts have provided ratings for NetEase (NASDAQ:NTES), with 4 being bullish and 1 somewhat bullish. The average price target is $132.4, representing an implied upside from the current price of $115.97. The average price target has increased by 5.08% over the past month.
November 17, 2023 | 5:00 pm
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POSITIVE IMPACT
Analysts are positive on NetEase, with a higher average price target than the current stock price, indicating potential upside.
The consensus among analysts tends to have a significant impact on investor sentiment and stock prices. With the majority of analysts being bullish and the average price target suggesting a substantial upside, this could lead to increased investor confidence and a potential rise in NTES's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100