JD.Com (NASDAQ:JD) had its price objective raised by Mizuho from $31.00 to $33.00 in a research report report published on Monday morning, The Fly reports. The firm currently has a neutral rating on the information services provider’s stock.
JD has been the subject of several other research reports. Zacks Investment Research upgraded shares of JD.Com from a hold rating to a strong-buy rating and set a $36.00 target price for the company in a report on Tuesday, August 20th. BidaskClub upgraded shares of JD.Com from a hold rating to a buy rating in a report on Wednesday, October 30th. Stifel Nicolaus restated a hold rating and issued a $35.00 target price on shares of JD.Com in a report on Tuesday, August 13th. Citigroup restated a buy rating and issued a $43.00 target price (up previously from $41.00) on shares of JD.Com in a report on Wednesday, August 14th. Finally, Benchmark restated a buy rating and issued a $40.00 target price (up previously from $36.00) on shares of JD.Com in a report on Wednesday, August 14th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and sixteen have given a buy rating to the company. The company has a consensus rating of Buy and a consensus target price of $34.25.
Shares of JD.Com stock traded down $0.40 during trading hours on Monday, hitting $32.40. The company had a trading volume of 638,461 shares, compared to its average volume of 11,905,885. The company’s 50-day moving average is $30.92 and its two-hundred day moving average is $29.74. JD.Com has a twelve month low of $19.21 and a twelve month high of $35.43. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.91 and a quick ratio of 0.58. The company has a market cap of $48.95 billion, a P/E ratio of -1,079.33 and a beta of 1.35.
A number of institutional investors have recently made changes to their positions in JD. NEXT Financial Group Inc purchased a new position in JD.Com during the 2nd quarter worth $25,000. Lindbrook Capital LLC raised its position in JD.Com by 85.5% during the 3rd quarter. Lindbrook Capital LLC now owns 872 shares of the information services provider’s stock worth $25,000 after buying an additional 402 shares during the last quarter. CWM LLC purchased a new position in JD.Com during the 2nd quarter worth $26,000. WealthStone Inc. purchased a new position in JD.Com during the 2nd quarter worth $28,000. Finally, Quest Capital Management Inc. ADV purchased a new position in JD.Com during the 3rd quarter worth $28,000. Institutional investors own 40.50% of the company’s stock.
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 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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