Baozun (NASDAQ:BZUN) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.
Other research analysts also recently issued reports about the stock. BidaskClub upgraded shares of Baozun from a “sell” rating to a “hold” rating in a research report on Thursday, August 23rd. Zacks Investment Research upgraded shares of Baozun from a “sell” rating to a “hold” rating in a research report on Tuesday, October 16th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $48.47.
Baozun stock opened at $32.57 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.76 and a current ratio of 2.12. Baozun has a 1 year low of $26.77 and a 1 year high of $67.41. The stock has a market cap of $1.80 billion, a price-to-earnings ratio of 59.22 and a beta of 3.62.
Several large investors have recently made changes to their positions in BZUN. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $172,000. FundX Investment Group LLC acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $209,000. Virginia Retirement Systems ET AL acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $263,000. LPL Financial LLC acquired a new stake in shares of Baozun in the 1st quarter valued at approximately $270,000. Finally, Dai Ichi Life Insurance Company Ltd acquired a new stake in shares of Baozun in the 2nd quarter valued at approximately $271,000. Institutional investors and hedge funds own 53.41% of the company’s stock.
Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.
Featured Story: Fundamental Analysis and Choosing Stocks
To view ValuEngine’s full report, visit ValuEngine’s official website.
Receive News & Ratings for Baozun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baozun and related companies with MarketBeat.com's FREE daily email newsletter.