Analysts cut grand game target price says there is uncertainty

December 3 News, according to foreign media reports, investment website The Motley fool analyst Rick-Aristotle-Munariz (Aristotle Munarriz) recently published an article that investors to invest in Chinese games stocks, the recent period is a very unstable.　　First, the recent listing of the company performance is not outstanding, with a variety of big game company earnings release, can be seen in addition to swim and perfect time and space to break the analyst expectations, NetEase and giants performance passable. In the last few quarters, Shanda is always late for its rivals to release earnings. But in the third quarter, Shanda net revenue rose 48% to 202.5 million dollars. Earnings per share rose 29% per cent to $0.90 a share, above Wall Street's projected $0.88 trillion per share.　　The Grand non-US General accounting standards net profit of 76 million U.S. dollars, an increase of 49%. Shanda on September 25 split the game department's grand game on Nasdaq listing, offering a price of $12.5, trading code game. But the first day of the Shanda game fell 14%, below the IPO price, and has not yet surpassed the IPO. Meanwhile, the gaming industry's uncertainty has plagued the company.　　On the basis of next year's revenue forecast, the PE in the stock is 10 times times to 14 times times, while the grand peer NetEase's online game "World of Warcraft" also encountered some trouble. At the same time, the brokerage MainFirst Wednesday published a study to maintain the grand network stock rating "buy" unchanged, while the target price from 65 U.S. dollars to 64 U.S. dollars, the grand game target share price from 14 to 13 U.S. dollars, to maintain a "buy" rating.