JD.Com Inc (NASDAQ:JD) has been given an average recommendation of “Buy” by the twenty-one ratings firms that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $48.83.
A number of research firms have recently weighed in on JD. Vetr raised shares of JD.Com from a “buy” rating to a “strong-buy” rating and set a $52.28 price objective for the company in a research report on Monday, February 5th. BidaskClub raised shares of JD.Com from a “sell” rating to a “hold” rating in a research report on Thursday, December 21st. KeyCorp boosted their price objective on shares of JD.Com from $51.00 to $56.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. TheStreet lowered shares of JD.Com from a “c” rating to a “d+” rating in a research report on Wednesday. Finally, Nomura boosted their price objective on shares of JD.Com from $49.00 to $52.00 and gave the company a “buy” rating in a research report on Tuesday, November 14th.
Shares of JD.Com (NASDAQ JD) traded up $0.32 on Tuesday, reaching $45.71. 10,070,000 shares of the company’s stock were exchanged, compared to its average volume of 15,180,000. The company has a current ratio of 0.97, a quick ratio of 0.79 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $65,090.00, a PE ratio of 4,571.00 and a beta of 1.51. JD.Com has a one year low of $29.88 and a one year high of $50.68.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in JD. Generation Investment Management LLP boosted its stake in shares of JD.Com by 52.6% in the fourth quarter. Generation Investment Management LLP now owns 13,061,002 shares of the information services provider’s stock valued at $540,987,000 after purchasing an additional 4,504,409 shares during the period. Kontiki Capital Management HK Ltd. purchased a new position in shares of JD.Com in the fourth quarter valued at $70,878,000. Hermes Investment Management Ltd. boosted its stake in shares of JD.Com by 40.2% in the fourth quarter. Hermes Investment Management Ltd. now owns 5,631,786 shares of the information services provider’s stock valued at $233,269,000 after purchasing an additional 1,614,942 shares during the period. Barings LLC purchased a new position in shares of JD.Com in the fourth quarter valued at $51,595,000. Finally, Rovida Advisors Inc. purchased a new position in shares of JD.Com in the third quarter valued at $43,403,000. Institutional investors own 43.35% 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.
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