Shares of JD.Com Inc (NASDAQ:JD) have received an average rating of “Hold” from the twenty-three analysts that are presently covering the firm, Marketbeat.com reports. Fourteen research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $31.50.
A number of analysts have recently commented on the company. BidaskClub raised JD.Com from a “strong sell” rating to a “sell” rating in a research note on Wednesday, December 5th. ValuEngine raised JD.Com from a “sell” rating to a “hold” rating in a research note on Thursday, December 6th. MKM Partners lowered their price target on JD.Com from $41.00 to $35.00 and set a “buy” rating for the company in a research note on Friday, December 7th. Zacks Investment Research cut JD.Com from a “hold” rating to a “sell” rating in a research note on Saturday, December 8th. Finally, Mizuho reaffirmed a “neutral” rating and issued a $20.00 price target on shares of JD.Com in a research note on Thursday, December 13th.
NASDAQ:JD traded down $0.76 on Friday, hitting $28.00. 13,940,041 shares of the stock were exchanged, compared to its average volume of 22,854,686. The stock has a market capitalization of $34.63 billion, a P/E ratio of -933.33 and a beta of 1.31. JD.Com has a 52 week low of $19.21 and a 52 week high of $45.23. The company has a current ratio of 0.87, a quick ratio of 0.50 and a debt-to-equity ratio of 0.16.
A number of large investors have recently added to or reduced their stakes in JD. Advisory Services Network LLC boosted its position in JD.Com by 2,305.1% during the 4th quarter. Advisory Services Network LLC now owns 1,900 shares of the information services provider’s stock worth $40,000 after acquiring an additional 1,821 shares during the last quarter. Doyle Wealth Management acquired a new position in JD.Com during the 4th quarter worth approximately $42,000. AlphaMark Advisors LLC acquired a new position in JD.Com during the 4th quarter worth approximately $47,000. Commonwealth Bank of Australia boosted its holdings in shares of JD.Com by 35.6% in the 4th quarter. Commonwealth Bank of Australia now owns 2,950 shares of the information services provider’s stock valued at $60,000 after buying an additional 774 shares during the last quarter. Finally, Exane Derivatives acquired a new stake in shares of JD.Com in the 4th quarter valued at approximately $75,000. 47.10% of the stock is owned by hedge funds and other institutional investors.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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