Baozun Inc (NASDAQ:BZUN) has received an average rating of “Buy” from the six research firms that are presently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $38.00.
A number of research firms have issued reports on BZUN. Bank of America lifted their price objective on Baozun from $38.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, January 30th. BidaskClub raised Baozun from a “hold” rating to a “buy” rating in a research note on Tuesday, January 9th. Zacks Investment Research raised Baozun from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 23rd. Finally, Vetr downgraded Baozun from a “buy” rating to a “hold” rating and set a $35.93 price objective on the stock. in a research note on Monday, January 8th.
Shares of Baozun (NASDAQ:BZUN) opened at $35.41 on Wednesday. Baozun has a 12 month low of $13.92 and a 12 month high of $40.65. The stock has a market capitalization of $1,940.00 and a P/E ratio of 104.15.
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Baozun Company Profile
Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales 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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