BidaskClub upgraded shares of JD.Com (NASDAQ:JD) from a sell rating to a hold rating in a research note released on Thursday.
Several other equities analysts have also weighed in on JD. MKM Partners upgraded JD.Com from a neutral rating to a buy rating and lifted their price target for the company from $33.00 to $51.00 in a research note on Wednesday, August 23rd. They noted that the move was a valuation call. Vetr lowered JD.Com from a buy rating to a hold rating and set a $44.29 price target for the company. in a research note on Wednesday, September 13th. Wells Fargo & Co began coverage on JD.Com in a research note on Tuesday, September 26th. They set an outperform rating and a $50.00 price objective for the company. Zacks Investment Research lowered JD.Com from a hold rating to a sell rating in a research note on Wednesday, October 11th. Finally, KeyCorp set a $49.00 price objective on JD.Com and gave the stock a buy rating in a research note on Thursday, October 19th. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company. JD.Com presently has an average rating of Buy and an average price target of $46.36.
Shares of JD.Com (NASDAQ:JD) traded down $0.08 during trading on Thursday, hitting $42.19. The company had a trading volume of 7,162,121 shares, compared to its average volume of 15,936,677. The company has a current ratio of 1.12, a quick ratio of 0.79 and a debt-to-equity ratio of 0.30. JD.Com has a 1 year low of $25.28 and a 1 year high of $48.99. The stock has a market cap of $60,190.96, a price-to-earnings ratio of -383.51 and a beta of 1.37.
JD.Com Company Profile
JD.com, Inc is an online direct sales company. The Company engages 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 China on the Internet through its Website, www.jd.com.
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