JD.com (JD) has an average broker rating of 1.81, which is interpreted as a Buy, as rated by 8 equity analysts. Nonetheless, 4 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 4, which is also a Sell.
JD.com (JD) : Currently there are 9 street experts covering JD.com (JD) stock. The most bullish and bearish price target for the stock is $36 and $27 respectively for the short term. The average price target of all the analysts comes to $31.34. The estimated standard deviation from the target is $3.01.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, Goldman Sachs assumes its rating on JD.com (NASDAQ:JD).The analysts at the brokerage house have a current rating of Buy on the shares. In a recent information released to the investors, Goldman Sachs announces the price target of $31 per share. The rating by the firm was issued on July 25, 2016.
JD.com (NASDAQ:JD): The stock opened at $21.65 on Wednesday but the bulls could not build on the opening and the stock topped out at $21.78 for the day. The stock traded down to $21.51 during the day, due to lack of any buying support eventually closed down at $21.73 with a loss of -0.32% for the day. The stock had closed at $21.80 on the previous day. The total traded volume was 6,009,109 shares.
JD.com, 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 jd.com. 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.