JD.Com (NASDAQ:JD) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research note issued on Thursday.

Several other analysts have also commented on JD. Morgan Stanley lowered shares of JD.Com from an “overweight” rating to an “equal weight” rating and increased their price target for the company from $50.00 to $52.00 in a research report on Tuesday, November 14th. UBS raised shares of JD.Com from a “neutral” rating to a “buy” rating in a research report on Monday, October 30th. MKM Partners raised shares of JD.Com from a “neutral” rating to a “buy” rating and increased their price target for the company from $33.00 to $51.00 in a research report on Wednesday, August 23rd. They noted that the move was a valuation call. Nomura increased their price target on shares of JD.Com from $49.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 14th. Finally, Stifel Nicolaus assumed coverage on shares of JD.Com in a research report on Wednesday, December 13th. They set a “buy” rating and a $48.00 price target for the company. Five research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $46.36.

Shares of JD.Com (NASDAQ:JD) opened at $42.16 on Thursday. JD.Com has a one year low of $25.28 and a one year high of $48.99. The firm has a market cap of $59,322.52, a PE ratio of 2,084.00 and a beta of 1.37. The company has a quick ratio of 0.79, a current ratio of 1.12 and a debt-to-equity ratio of 0.30.

A number of large investors have recently modified their holdings of JD. TD Asset Management Inc. boosted its position in JD.Com by 5.4% in the 2nd quarter. TD Asset Management Inc. now owns 55,052 shares of the information services provider’s stock worth $2,159,000 after purchasing an additional 2,836 shares in the last quarter. Schwab Charles Investment Management Inc. purchased a new stake in JD.Com in the 2nd quarter worth approximately $1,952,000. Bank of New York Mellon Corp boosted its position in JD.Com by 29.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 1,445,005 shares of the information services provider’s stock worth $56,674,000 after purchasing an additional 326,644 shares in the last quarter. KBC Group NV boosted its position in JD.Com by 24.6% in the 2nd quarter. KBC Group NV now owns 116,587 shares of the information services provider’s stock worth $4,572,000 after purchasing an additional 23,027 shares in the last quarter. Finally, BB&T Securities LLC boosted its position in JD.Com by 40.8% in the 2nd quarter. BB&T Securities LLC now owns 13,078 shares of the information services provider’s stock worth $512,000 after purchasing an additional 3,792 shares in the last quarter. Institutional investors own 44.04% of the company’s stock.

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JD.Com Company Profile

JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.

Analyst Recommendations for JD.Com (NASDAQ:JD)

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