JD.Com (JD) Downgraded by Vetr

Vetr lowered shares of JD.Com (NASDAQ:JD) from a buy rating to a hold rating in a report released on Wednesday. They currently have $48.25 price objective on the information services provider’s stock.

JD has been the topic of a number of other research reports. Zacks Investment Research lowered shares of JD.Com from a hold rating to a sell rating in a research report on Wednesday, October 11th. KeyCorp set a $51.00 target price on shares of JD.Com and gave the stock a buy rating in a report on Monday, November 13th. UBS Group upgraded shares of JD.Com from a neutral rating to a buy rating in a report on Monday, October 30th. JPMorgan Chase & Co. lowered their target price on shares of JD.Com from $52.00 to $50.00 and set an overweight rating on the stock in a report on Wednesday, November 15th. Finally, BidaskClub downgraded shares of JD.Com from a hold rating to a sell rating in a report on Thursday, September 28th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the stock. The company currently has a consensus rating of Buy and an average price target of $46.59.

Shares of JD.Com (NASDAQ:JD) opened at $46.02 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.12 and a debt-to-equity ratio of 0.30. The company has a market cap of $65,700.00, a price-to-earnings ratio of -657.43 and a beta of 1.38. JD.Com has a 1 year low of $27.46 and a 1 year high of $48.99.

JD.Com (NASDAQ:JD) last announced its quarterly earnings data on Monday, November 13th. The information services provider reported $0.10 EPS for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.12. JD.Com had a negative net margin of 0.29% and a positive return on equity of 0.83%. research analysts forecast that JD.Com will post 0.07 EPS for the current year.

Large investors have recently added to or reduced their stakes in the business. Bessemer Group Inc. acquired a new position in shares of JD.Com in the third quarter valued at $101,000. Advisor Group Inc. increased its holdings in shares of JD.Com by 253.0% in the third quarter. Advisor Group Inc. now owns 4,056 shares of the information services provider’s stock valued at $154,000 after purchasing an additional 2,907 shares during the last quarter. Bank Pictet & Cie Asia Ltd. acquired a new position in shares of JD.Com in the third quarter valued at $206,000. Suntrust Banks Inc. acquired a new position in shares of JD.Com in the second quarter valued at $207,000. Finally, Round Table Services LLC acquired a new position in shares of JD.Com in the fourth quarter valued at $207,000. Hedge funds and other institutional investors own 44.04% of the company’s stock.

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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.

To view Vetr’s full report, visit Vetr’s official website.

Analyst Recommendations for JD.Com (NASDAQ:JD)

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