Baozun (BZUN) Shares Gap Up to $27.44
Baozun Inc. (NASDAQ:BZUN)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $26.48, but opened at $27.44. Baozun shares last traded at $27.58, with a volume of 2100800 shares changing hands.
A number of equities analysts recently weighed in on BZUN shares. Citigroup started coverage on shares of Baozun in a research report on Thursday, August 31st. They issued a “buy” rating and a $38.00 price objective on the stock. Bank of America lifted their price objective on shares of Baozun from $34.00 to $38.00 and gave the company a “buy” rating in a research report on Monday, September 11th. Vetr upgraded shares of Baozun from a “buy” rating to a “strong-buy” rating and set a $39.10 target price on the stock in a research report on Monday, October 9th. Finally, Zacks Investment Research lowered shares of Baozun from a “buy” rating to a “hold” rating in a research report on Friday, November 10th. One analyst has rated the stock with a sell rating, one has assigned a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $36.54.
The company has a market cap of $1,490.38, a PE ratio of 74.16 and a beta of 4.43.
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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