Shares of JD.Com Inc (NASDAQ:JD) have been assigned a consensus recommendation of “Hold” from the twenty-three analysts that are covering the company, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, twelve have given a hold recommendation and seven have given a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $32.87.
A number of research analysts have recently commented on JD shares. BidaskClub upgraded JD.Com from a “strong sell” rating to a “sell” rating in a research report on Friday, November 2nd. Zacks Investment Research cut JD.Com from a “hold” rating to a “strong sell” rating in a research note on Saturday, November 3rd. TH Capital cut their price target on JD.Com to $30.00 and set a “buy” rating on the stock in a research note on Friday, November 16th. Stifel Nicolaus cut JD.Com from a “buy” rating to a “hold” rating in a research note on Monday, November 19th. Finally, Macquarie cut JD.Com from an “outperform” rating to a “neutral” rating and cut their price target for the stock from $35.00 to $24.00 in a research note on Monday, November 19th.
JD traded up $0.29 during midday trading on Tuesday, hitting $26.49. 7,703,036 shares of the company traded hands, compared to its average volume of 13,047,260. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.57 and a current ratio of 0.90. The stock has a market capitalization of $31.53 billion, a P/E ratio of 2,648.50 and a beta of 1.28. JD.Com has a 52 week low of $19.21 and a 52 week high of $49.00.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
Read More: What is the Rule of 72?
Receive News & Ratings for JD.Com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JD.Com and related companies with MarketBeat.com's FREE daily email newsletter.