Shares of JD.Com Inc (NASDAQ:JD) have received an average rating of “Buy” from the twenty-six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating, thirteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $33.41.
Several research analysts have commented on JD shares. Citigroup reaffirmed a “buy” rating and set a $43.00 price objective (up from $41.00) on shares of JD.Com in a research note on Wednesday, August 14th. Zacks Investment Research raised shares of JD.Com from a “hold” rating to a “strong-buy” rating and set a $36.00 price objective for the company in a research note on Tuesday, August 20th. BidaskClub lowered shares of JD.Com from a “hold” rating to a “sell” rating in a research note on Tuesday, October 1st. Jefferies Financial Group started coverage on shares of JD.Com in a research note on Monday, August 5th. They set a “buy” rating and a $36.50 price objective for the company. Finally, Stifel Nicolaus reaffirmed a “hold” rating and set a $35.00 price objective on shares of JD.Com in a research note on Tuesday, August 13th.
Shares of JD.Com stock traded down $0.27 on Wednesday, hitting $28.72. 1,085,169 shares of the company traded hands, compared to its average volume of 11,019,274. The stock has a market capitalization of $42.02 billion, a P/E ratio of -957.33 and a beta of 1.31. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.58 and a current ratio of 0.91. JD.Com has a 52 week low of $19.21 and a 52 week high of $32.38. The business has a 50-day simple moving average of $30.20 and a 200 day simple moving average of $29.39.
Several hedge funds have recently added to or reduced their stakes in the stock. CWM Advisors LLC raised its holdings in shares of JD.Com by 2.5% in the second quarter. CWM Advisors LLC now owns 16,930 shares of the information services provider’s stock valued at $513,000 after acquiring an additional 407 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in JD.Com by 1.4% in the second quarter. Crossmark Global Holdings Inc. now owns 31,397 shares of the information services provider’s stock worth $951,000 after purchasing an additional 420 shares in the last quarter. Signaturefd LLC raised its holdings in JD.Com by 11.8% in the second quarter. Signaturefd LLC now owns 4,397 shares of the information services provider’s stock worth $133,000 after purchasing an additional 465 shares in the last quarter. Schnieders Capital Management LLC raised its holdings in JD.Com by 7.4% in the second quarter. Schnieders Capital Management LLC now owns 8,750 shares of the information services provider’s stock worth $265,000 after purchasing an additional 600 shares in the last quarter. Finally, MML Investors Services LLC raised its holdings in JD.Com by 2.1% in the first quarter. MML Investors Services LLC now owns 30,419 shares of the information services provider’s stock worth $917,000 after purchasing an additional 636 shares in the last quarter. Hedge funds and other institutional investors own 40.12% of the company’s stock.
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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