Analyst Views And Outlook On Two Stocks: NetEase, Inc. (NTES), Marathon Petroleum Corporation (MPC)

NetEase, Inc. (NASDAQ:NTES) recorded a trading volume of 0.71 million shares, below its 90-day volume average of 1.47 million shares. The stock kicked off the session at $342 and later approached $344.21 with a change of -1%.

NetEase, Inc. (NTES) Analyst Opinion

NetEase, Inc. has a consensus outperform rating from 29 Wall Street analysts, and the number of shares currently sold short amount to at least 2.88% of shares outstanding. The stock spiked 25.07% last month and is up 59.84 this year. Wall Street is only getting more bullish on the stock, with 20 of analysts who cover NTES having a buy-equivalent rating. Analysts have placed a $319.32 price target on NetEase, Inc., suggesting a -7.23% decline from recent close. It’s currently trading about -8.24% below its 52-week high.

NetEase, Inc. Earnings Surprise

NetEase, Inc. (NTES) surprised the stock market in its last reported earnings when it earned $19.05 a piece versus the consensus-estimated $18.34. Its revenue totaled $12.54 billion down -6.23% from the previous quarter.

NetEase, Inc. (NASDAQ:NTES) Intraday View

This stock (NTES) is ahead of its 52-week low with 63.05%. Its last month’s stock price volatility remained 5.23% which for the week stands at 3.94%. The share price has moved forward from its 20 days moving average, trading at a distance of 12.29% and stays 20.07% away from its 50 days moving average. Over the last five days, shares have managed 5.51% gains and now is up 19.57% since hitting its 200-day moving average of $291.17. NetEase, Inc. (NTES) has made its way to a 12-month gain of 48.64%.

Turning to Marathon Petroleum Corporation (NYSE:MPC), its shares were trading at $62.03 a gain of $0.02, on the trading floor. The stock, after opening at $62.16, touched a high of $62.25 before paring much of its gains. So far, analysts are sticking with their bullish recommendations with the consensus call at 1.9. Marathon Petroleum Corporation has 7 buy ratings, 5 holds and 0 sells even after the stock tumbled -2.18% from its high of $63.41 to a $30.17 billion market value through last close.

Marathon Petroleum Corporation (MPC) Consensus Price Target

The company’s consensus rating on Reuter’s scale improved from 1.74 to 1.89 during a month. Analysts set a 12-month price target of $69.17 a share. The target implies a 11.51% spike from where the shares are currently trading. Also, the current price highlights a discount of 27.36% to analysts’ high consensus price target.

Marathon Petroleum Corporation (NYSE:MPC) Intraday Trading

The counter witnessed a trading volume of 1.41 million shares versus an average volume of 4.16 million shares during last trading session. Its last month’s stock price volatility remained 1.29% which for the week approaches 1.92%. The lowest price the stock reached in the last trading day was $61.58 and compares with the $44.60 52-week low. The stock recovered 39.08% since its low point and has performed 23.2% year-to-date.

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