Citigroup Initiates Perfect World With Neutral

Analysts at Citigroup initiated coverage on Perfect World Co PWRD with a Neutral rating. The target price for Perfect World is set to $20.74. Perfect World shares have dropped 2.71% over the past 52 weeks, while the S&P 500 index has gained 17.52% in the same period. Perfect World's shares gained 1.41% to close at $20.84 yesterday.