Baozun Inc. (NASDAQ:BZUN) was downgraded by investment analysts at Vetr from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday. They currently have a $37.25 price objective on the technology company’s stock. Vetr‘s target price would suggest a potential upside of 9.30% from the company’s previous close.

A number of other brokerages have also recently commented on BZUN. Zacks Investment Research raised shares of Baozun from a “sell” rating to a “hold” rating and set a $41.00 target price on the stock in a report on Wednesday, September 13th. BidaskClub raised shares of Baozun from a “buy” rating to a “strong-buy” rating in a report on Friday, August 11th. Bank of America Corporation lifted their target price on shares of Baozun from $26.00 to $36.00 and gave the company a “buy” rating in a report on Friday, July 21st. Citigroup Inc. began coverage on shares of Baozun in a report on Thursday, August 31st. They issued a “buy” rating and a $38.00 target price on the stock. Finally, Deutsche Bank AG cut shares of Baozun from a “buy” rating to a “hold” rating and lifted their target price for the company from $25.00 to $30.00 in a report on Wednesday, August 23rd. Three analysts have rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $36.85.

Baozun (NASDAQ:BZUN) traded up 1.70% during mid-day trading on Tuesday, hitting $34.68. 733,149 shares of the stock were exchanged. Baozun has a 52-week low of $10.87 and a 52-week high of $40.65.

Baozun (NASDAQ:BZUN) last announced its earnings results on Monday, August 21st. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.01). The business had revenue of $131.04 million during the quarter. Baozun had a net margin of 3.26% and a return on equity of 9.19%. Equities research analysts expect that Baozun will post $0.69 earnings per share for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in BZUN. First Trust Advisors LP increased its stake in Baozun by 37.3% in the 1st quarter. First Trust Advisors LP now owns 106,370 shares of the technology company’s stock valued at $1,589,000 after buying an additional 28,909 shares during the period. Sei Investments Co. boosted its position in shares of Baozun by 24.3% during the 1st quarter. Sei Investments Co. now owns 7,024 shares of the technology company’s stock worth $105,000 after purchasing an additional 1,373 shares in the last quarter. Neuberger Berman Group LLC purchased a new stake in shares of Baozun during the 1st quarter worth $7,740,000. Baillie Gifford & Co. purchased a new stake in shares of Baozun during the 1st quarter worth $1,585,000. Finally, Matthews International Capital Management LLC boosted its position in shares of Baozun by 12.9% during the 1st quarter. Matthews International Capital Management LLC now owns 1,882,441 shares of the technology company’s stock worth $28,124,000 after purchasing an additional 215,600 shares in the last quarter. 30.98% of the stock is currently owned by institutional investors.

About Baozun

Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment.

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