Analysts at HSBC assumed coverage on shares of Baozun (NASDAQ:BZUN) in a report released on Monday, BenzingaRatingsTable reports. The brokerage set a “hold” rating and a $41.50 price target on the technology company’s stock. HSBC’s price objective would suggest a potential upside of 17.60% from the stock’s previous close.
Several other equities research analysts have also issued reports on the stock. BidaskClub lowered shares of Baozun from a “buy” rating to a “hold” rating in a research note on Friday, September 27th. ValuEngine upgraded Baozun from a “sell” rating to a “hold” rating in a research note on Thursday, November 21st. Credit Suisse Group downgraded Baozun from an “outperform” rating to a “neutral” rating and set a $38.00 price objective on the stock. in a research note on Friday, November 22nd. Bank of America reduced their price objective on Baozun from $53.00 to $49.00 and set a “buy” rating for the company in a report on Monday, August 26th. Finally, Zacks Investment Research downgraded Baozun from a “hold” rating to a “sell” rating in a research report on Tuesday, November 26th. 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’s stock. The company presently has an average rating of “Hold” and an average target price of $50.10.
BZUN opened at $35.29 on Monday. Baozun has a twelve month low of $27.81 and a twelve month high of $56.47. The company’s 50-day moving average price is $40.88 and its two-hundred day moving average price is $44.62. The stock has a market cap of $2.19 billion, a price-to-earnings ratio of 53.47 and a beta of 3.11. The company has a quick ratio of 2.52, a current ratio of 3.02 and a debt-to-equity ratio of 0.91.
Baozun Company Profile
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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