The following table shows the ratings and target prices of 5 brokers on NTES-S (09999.HK) +0.600 (+0.424%) Short selling $47.34M; Ratio 1.996% :
Broker│ Rating│ TP
Daiwa│ Buy│$220-> $225
UBS│ Overweight│$221-> $211
Jefferies│ Buy│$208-> $202
Goldman Sachs│ Buy│$202-> $198
JPMorgan│ Overweight│$200
The following table lists the ratings and target prices of 7 brokers on NetEase, Inc. (NTES.US) :
Broker│ Rating│ TP (US$)
Nomura│Buy│138
UBS│Overweight│142-> 135
JPMorgan│Overweight│130
Jefferies│Buy│133-> 129
Goldman Sachs│Buy│129-> 127
Citi│Buy│116-> 123
Morgan Stanley│Equalweight│100
Broker│ Opinion
Nomura│ Quarterly revenue was in line with expectations, while earnings beat estimations
Daiwa│ Investors are recommended to buy on dip as 3Q24 new game supply will be strong
UBS│1Q24 results eased market concerns about classic games, while impact of changes to Fantasy Westward Journey Online was manageable
Jefferies│ Diversified game portfolio paved the way for long term business adjustment
Goldman Sachs│ 1Q24 results were better than market concerns, and double-digit YoY growth in game revenue reflected strong mobile games
JPMorgan│1Q24 online game revenue beat expectations, reflecting classic game resilience
Citi│ New games will pick up momentum in summer
Morgan Stanley│ Uncertainty unresolved
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-24 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)
