JD.com (JD) Receives ‘Analyst’ Rating

JD.com (JD) : The consensus on JD.com (JD) based on 10 analyst recommendation on the company stock is 1.85, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 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. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.

JD.com (JD) : The consensus price target for JD.com (JD) is $30.55 for the short term with a standard deviation of $3.08. The most optimist securities analyst among the 11 who monitor the stock believes that the stock can reach $36, however, the pessimist price target for the company is $27.


Also, Major Brokerage house, JP Morgan assumes its ratings on JD.com (NASDAQ:JD). According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on August 31, 2016.

JD.com (NASDAQ:JD): After opening at $26, the stock dipped to an intraday low of $25.62 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $26.13 and the buying power remained strong till the end. The stock closed at $26.13 for the day, a gain of 0.46% for the day session. The total traded volume was 12,228,754. The stocks close on the previous trading day was $26.01.

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.

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