JD.Com (NASDAQ:JD) had its target price raised by analysts at Mizuho from $31.00 to $33.00 in a research note issued on Monday, The Fly reports. The brokerage currently has a “neutral” rating on the information services provider’s stock. Mizuho’s price objective indicates a potential downside of 1.64% from the stock’s current price.
Other equities analysts also recently issued research reports about the stock. Peel Hunt reissued a “buy” rating on shares of JD.Com in a report on Tuesday, November 12th. Barclays began coverage on shares of JD.Com in a report on Monday, August 19th. They issued an “equal weight” rating and a $36.00 price objective for the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $35.00 price objective on shares of JD.Com in a report on Tuesday, August 13th. ValuEngine raised shares of JD.Com from a “strong sell” rating to a “sell” rating in a report on Friday. Finally, Jefferies Financial Group began coverage on shares of JD.Com in a report on Monday, August 5th. They issued a “buy” rating and a $36.50 price objective for the company. One investment analyst has rated the stock with a sell rating, eight have given a hold rating, sixteen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average price target of $34.03.
Shares of JD opened at $33.55 on Monday. JD.Com has a 1 year low of $19.21 and a 1 year high of $35.43. The company has a market cap of $48.97 billion, a price-to-earnings ratio of -1,118.33 and a beta of 1.35. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.58 and a current ratio of 0.91. The firm has a fifty day moving average of $30.61 and a 200-day moving average of $29.68.
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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
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