JD.com (NASDAQ:JD) Given New $41.00 Price Target at Barclays

JD.com (NASDAQ:JD) had its price target reduced by research analysts at Barclays from $43.00 to $41.00 in a report released on Wednesday,Benzinga reports. The firm presently has an “overweight” rating on the information services provider’s stock. Barclays‘s price objective would suggest a potential upside of 42.16% from the stock’s previous close.

Other research analysts also recently issued research reports about the company. Benchmark upped their price objective on JD.com from $38.00 to $42.00 and gave the company a “buy” rating in a research note on Wednesday, May 13th. Sanford C. Bernstein lifted their target price on shares of JD.com from $36.00 to $40.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. Susquehanna lifted their target price on shares of JD.com from $30.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, May 14th. Wall Street Zen raised shares of JD.com from a “sell” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Arete Research set a $37.00 price target on shares of JD.com in a research report on Friday, April 17th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, JD.com presently has a consensus rating of “Moderate Buy” and an average target price of $36.42.

JD.com Trading Down 0.1%

Shares of JD stock opened at $28.84 on Wednesday. The firm has a market capitalization of $36.00 billion, a P/E ratio of 22.53 and a beta of 0.40. JD.com has a twelve month low of $24.51 and a twelve month high of $36.86. The company has a quick ratio of 0.87, a current ratio of 1.18 and a debt-to-equity ratio of 0.22. The stock’s fifty day simple moving average is $28.83 and its 200 day simple moving average is $28.74.

JD.com (NASDAQ:JD) last issued its earnings results on Tuesday, March 31st. The information services provider reported $0.37 earnings per share (EPS) for the quarter. The business had revenue of $45.79 billion during the quarter. JD.com had a return on equity of 5.90% and a net margin of 1.04%. As a group, sell-side analysts predict that JD.com will post 2.77 EPS for the current fiscal year.

Institutional Investors Weigh In On JD.com

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Handelsbanken Fonder AB lifted its stake in shares of JD.com by 20.2% in the second quarter. Handelsbanken Fonder AB now owns 477,000 shares of the information services provider’s stock worth $12,154,000 after acquiring an additional 80,000 shares during the period. Gradient Investments LLC increased its position in JD.com by 5.0% during the 2nd quarter. Gradient Investments LLC now owns 205,110 shares of the information services provider’s stock valued at $5,226,000 after purchasing an additional 9,779 shares during the period. FNY Investment Advisers LLC acquired a new stake in JD.com during the 2nd quarter valued at approximately $1,411,000. Assenagon Asset Management S.A. bought a new position in JD.com during the 2nd quarter worth approximately $250,000. Finally, 180 Wealth Advisors LLC lifted its position in shares of JD.com by 18.9% in the 2nd quarter. 180 Wealth Advisors LLC now owns 25,088 shares of the information services provider’s stock worth $639,000 after purchasing an additional 3,984 shares during the period. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com News Summary

Here are the key news stories impacting JD.com this week:

• Positive Sentiment: Zacks Research upgraded JD.com (JD) from hold to strong-buy, reinforcing a more bullish near-term outlook. JD.com upgraded by Zacks Research
• Positive Sentiment: JD.com (JD) was added to the Zacks Rank #1 (Strong Buy) list, signaling stronger analyst momentum and improving sentiment around the stock. New Strong Buy Stocks for July 14th
• Positive Sentiment: JD.com (JD) also made Zacks’ best income stocks list, which may attract income-focused investors looking for value and yield-oriented opportunities. Best Income Stocks to Buy for July 14th
• Neutral Sentiment: Wall Street articles highlighted that the average brokerage recommendation for JD.com (JD) is equivalent to a Buy, while the consensus price target implies roughly 40% upside. These are supportive signals, but they are still based on analyst expectations rather than new operating results. New Strong Buy Stocks for July 14th
• Neutral Sentiment: Additional commentary repeated the bullish analyst case for JD.com (JD), including the high consensus price target and positive earnings estimate revisions, but did not add a new company-specific fundamental catalyst. Wall Street Analysts Believe JD.com Could Rally 40.06%

JD.com Company Profile

JD.com is a major Chinese e-commerce company that operates a comprehensive online retail platform selling a wide range of consumer goods, including electronics, appliances, apparel, groceries and everyday household items. The company combines direct retailing—purchasing inventory and selling products itself—with a marketplace for third-party merchants, offering consumers both self-operated and third-party choices. In addition to its core retail business, JD.com has expanded into adjacent services such as digital marketplaces for cross-border commerce, online pharmacy and healthcare services, and enterprise-facing cloud and technology solutions.

A distinctive feature of JD.com’s business model is its integrated logistics and fulfillment network.