JD.com (JD) : The consensus on JD.com (JD) based on 8 analyst recommendation on the company stock is 1.81, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 4 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 3 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
JD.com (JD) stock is expected to deviate a maximum of $3.01 from the average target price of $31.34 for the short term period. 9 Street Experts have initiated coverage on the stock with the most promising target being $36 and the most muted being $27.
For the current week, the company shares have a recommendation consensus of Buy. JD.com (NASDAQ:JD): The stock opened at $23.65 on Thursday but the bulls could not build on the opening and the stock topped out at $24.00 for the day. The stock traded down to $23.07 during the day, due to lack of any buying support eventually closed down at $23.29 with a loss of -0.51% for the day. The stock had closed at $23.41 on the previous day. The total traded volume was 17,637,932 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.