Price Target Update on (NASDAQ:JD) (NASDAQ:JD) : 9 investment research analysts covering (NASDAQ:JD) have an average price target of $32.61 for the near short term. The highest target price given by the Brokerage Firm to the stock is $43 and the lowest target is $27 for the short term. Analysts expect the variance to be within $4.92 of the average price.

Other Equity analysts have also commented on the company shares. Credit Suisse downgrades its view on (NASDAQ:JD) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Outperform. Credit Suisse lowers the price target from $38 per share to $21 per share on . The rating by the firm was issued on May 10, 2016. (NASDAQ:JD): stock turned positive on Thursday. Though the stock opened at $21.42, the bulls momentum made the stock top out at $21.51 level for the day. The stock recorded a low of $21.04 and closed the trading day at $21.46, in the green by 1.23%. The total traded volume for the day was 6,173,500. The stock had closed at $21.2 in the previous days trading.

The company shares have dropped -37.68% from its 1 Year high price. On Jul 24, 2015, the shares registered one year high at $35.56 and the one year low was seen on Jun 16, 2016. The 50-Day Moving Average price is $22.69 and the 200 Day Moving Average price is recorded at $26.28., Inc. is an online direct sales company. The Company engages primarily 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 Peoples republic of China (PRC) on the Internet through its Website It also operates its online marketplace under which third-party sellers sell products on the Companys Website to customers. The Company has approximately 518 million product reviews generated by its customers. The Company operates approximately 123 warehouses with an aggregate gross floor area of approximately 2.2 million square meters in 40 cities and 3,210 delivery stations and pickup stations in 1,862 counties and districts across China. The Company provides same-day delivery in approximately 134 counties and districts and next-day delivery in approximately 866 counties and districts across China.

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