JD.Com (JD) Rating Increased to Hold at BidaskClub
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.
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.
Receive News & Ratings for JD.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.Com and related companies with MarketBeat.com's FREE daily email newsletter.