Media coverage about NetEase (NASDAQ:NTES) has been trending somewhat positive this week, according to Accern. Accern rates the sentiment of news coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. NetEase earned a coverage optimism score of 0.05 on Accern’s scale. Accern also gave news coverage about the technology company an impact score of 46.8475504895452 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Here are some of the news articles that may have impacted Accern’s analysis:

Several research firms recently commented on NTES. Benchmark Co. began coverage on NetEase in a research report on Tuesday, April 18th. They issued a “buy” rating and a $325.00 target price on the stock. BidaskClub upgraded NetEase from a “hold” rating to a “buy” rating in a research report on Thursday. Vetr cut NetEase from a “strong-buy” rating to a “buy” rating and set a $318.49 target price on the stock. in a research report on Monday, May 22nd. Deutsche Bank AG restated a “buy” rating and issued a $343.00 target price (up from $300.00) on shares of NetEase in a research report on Tuesday, July 25th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $300.00 target price on shares of NetEase in a research report on Wednesday, April 26th. Three investment analysts have rated the stock with a sell rating, five have assigned a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus target price of $301.90.

Shares of NetEase (NTES) traded down 9.78% during trading on Thursday, hitting $284.25. The stock had a trading volume of 6,146,690 shares. The stock’s 50 day moving average is $308.81 and its 200 day moving average is $287.70. The stock has a market capitalization of $37.39 billion, a price-to-earnings ratio of 19.32 and a beta of 0.92. NetEase has a 52 week low of $199.01 and a 52 week high of $337.55.

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NetEase Company Profile

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.

Insider Buying and Selling by Quarter for NetEase (NASDAQ:NTES)

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