BidaskClub Upgrades Baozun (NASDAQ:BZUN) to Hold

Baozun (NASDAQ:BZUN) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a report released on Tuesday, BidAskClub reports.

Several other research firms have also issued reports on BZUN. Credit Suisse Group lowered Baozun from an “outperform” rating to a “neutral” rating and set a $38.00 target price for the company. in a research report on Friday, November 22nd. TheStreet lowered Baozun from a “b-” rating to a “c+” rating in a research report on Tuesday, December 17th. ValuEngine upgraded Baozun from a “sell” rating to a “hold” rating in a research report on Thursday, November 21st. Zacks Investment Research lowered Baozun from a “hold” rating to a “sell” rating in a research report on Tuesday, November 26th. Finally, HSBC assumed coverage on Baozun in a research report on Monday, December 9th. They set a “hold” rating and a $41.50 target price for the company. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $50.10.

NASDAQ:BZUN traded up $0.06 on Tuesday, hitting $36.04. 283,911 shares of the stock were exchanged, compared to its average volume of 1,110,397. The stock has a market capitalization of $2.23 billion, a price-to-earnings ratio of 54.61 and a beta of 3.03. Baozun has a 52 week low of $30.43 and a 52 week high of $56.47. The company has a debt-to-equity ratio of 0.91, a quick ratio of 2.52 and a current ratio of 3.02. The company’s 50-day moving average price is $34.86 and its 200 day moving average price is $43.03.

Baozun (NASDAQ:BZUN) last announced its quarterly earnings data on Thursday, November 21st. The technology company reported $0.09 earnings per share for the quarter. The firm had revenue of $210.29 million during the quarter. Baozun had a return on equity of 14.32% and a net margin of 4.92%. As a group, equities research analysts predict that Baozun will post 0.75 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of BZUN. First Trust Advisors LP grew its position in shares of Baozun by 65.2% during the 1st quarter. First Trust Advisors LP now owns 45,323 shares of the technology company’s stock worth $1,883,000 after buying an additional 17,882 shares during the period. Wells Fargo & Company MN grew its position in shares of Baozun by 73.5% during the 2nd quarter. Wells Fargo & Company MN now owns 12,655 shares of the technology company’s stock worth $631,000 after buying an additional 5,363 shares during the period. Schroder Investment Management Group grew its position in shares of Baozun by 41.7% during the 2nd quarter. Schroder Investment Management Group now owns 446,455 shares of the technology company’s stock worth $22,261,000 after buying an additional 131,334 shares during the period. Bank of New York Mellon Corp grew its position in shares of Baozun by 3.2% during the 2nd quarter. Bank of New York Mellon Corp now owns 57,350 shares of the technology company’s stock worth $2,860,000 after buying an additional 1,803 shares during the period. Finally, Canada Pension Plan Investment Board grew its position in shares of Baozun by 4,736.4% in the 2nd quarter. Canada Pension Plan Investment Board now owns 532 shares of the technology company’s stock valued at $27,000 after purchasing an additional 521 shares during the period. Institutional investors own 68.35% of the company’s stock.

About Baozun

Baozun Inc provides brand e-commerce service to brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, sale of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing, and order fulfillment.

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