JD.Com (NASDAQ:JD) was upgraded by equities research analysts at ValuEngine from a “sell” rating to a “hold” rating in a research note issued to investors on Monday, February 4th.
A number of other analysts have also commented on JD. UBS Group set a $28.00 price target on JD.Com and gave the company a “buy” rating in a report on Friday, October 12th. Zacks Investment Research downgraded JD.Com from a “buy” rating to a “hold” rating in a research report on Wednesday, October 17th. Macquarie set a $35.00 price target on JD.Com and gave the stock a “buy” rating in a research report on Tuesday, October 23rd. BidaskClub raised JD.Com from a “strong sell” rating to a “sell” rating in a research report on Friday, November 2nd. Finally, TH Capital decreased their target price on JD.Com to $30.00 and set a “buy” rating on the stock in a research report on Friday, November 16th. Thirteen analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of $32.50.
JD stock opened at $28.73 on Monday. The stock has a market cap of $31.24 billion, a price-to-earnings ratio of -957.67 and a beta of 1.28. JD.Com has a 1-year low of $19.21 and a 1-year high of $46.31. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.57 and a current ratio of 0.90.
Institutional investors have recently modified their holdings of the business. BlackRock Inc. boosted its position in shares of JD.Com by 8.1% during the 4th quarter. BlackRock Inc. now owns 35,200,026 shares of the information services provider’s stock worth $736,736,000 after purchasing an additional 2,650,221 shares in the last quarter. Dodge & Cox lifted its position in JD.Com by 20.2% in the 3rd quarter. Dodge & Cox now owns 31,986,772 shares of the information services provider’s stock valued at $834,535,000 after acquiring an additional 5,382,080 shares in the last quarter. Vanguard Group Inc lifted its position in JD.Com by 2.4% in the 3rd quarter. Vanguard Group Inc now owns 27,469,471 shares of the information services provider’s stock valued at $716,678,000 after acquiring an additional 649,113 shares in the last quarter. Hillhouse Capital Advisors Ltd. bought a new position in JD.Com in the 4th quarter valued at about $314,813,000. Finally, Fisher Asset Management LLC lifted its position in JD.Com by 6.2% in the 4th quarter. Fisher Asset Management LLC now owns 11,052,559 shares of the information services provider’s stock valued at $231,330,000 after acquiring an additional 640,511 shares in the last quarter. Hedge funds and other institutional investors own 46.96% of the company’s stock.
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 Mall 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; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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