Shares of JD.com, Inc. (NASDAQ:JD) have earned an average rating of “Buy” from the twenty research firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $100.83.
A number of equities analysts recently issued reports on the company. Citigroup increased their target price on JD.com from $117.00 to $120.00 in a report on Friday, March 12th. HSBC increased their target price on JD.com from $103.00 to $108.00 and gave the stock a “buy” rating in a report on Thursday, March 18th. Stifel Nicolaus raised JD.com from a “hold” rating to a “buy” rating and set a $105.00 price target for the company in a research report on Tuesday, January 5th. Mizuho increased their price target on JD.com from $90.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, January 8th. Finally, UBS Group increased their price target on JD.com from $105.00 to $110.00 and gave the company a “buy” rating in a research report on Friday, March 12th.
Shares of JD.com stock traded up $1.27 on Monday, reaching $82.52. 52,342 shares of the company’s stock were exchanged, compared to its average volume of 11,445,479. The company has a market capitalization of $110.53 billion, a P/E ratio of 31.01, a price-to-earnings-growth ratio of 0.94 and a beta of 0.92. JD.com has a 52 week low of $40.58 and a 52 week high of $108.29. The firm’s 50-day moving average is $89.59 and its two-hundred day moving average is $86.86. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.88 and a current ratio of 1.20.
Several institutional investors have recently made changes to their positions in the company. Albion Financial Group UT bought a new position in shares of JD.com during the 4th quarter worth $33,000. First Horizon Advisors Inc. grew its stake in shares of JD.com by 103.6% during the 4th quarter. First Horizon Advisors Inc. now owns 454 shares of the information services provider’s stock worth $40,000 after acquiring an additional 231 shares during the period. Capital Asset Advisory Services LLC bought a new position in shares of JD.com during the 4th quarter worth $42,000. Huntington National Bank grew its stake in shares of JD.com by 33.0% during the 4th quarter. Huntington National Bank now owns 504 shares of the information services provider’s stock worth $44,000 after acquiring an additional 125 shares during the period. Finally, Merrion Investment Management Co LLC bought a new position in shares of JD.com during the 4th quarter worth $44,000. 40.27% of the stock is owned by hedge funds and other institutional investors.
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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
Featured Story: Outstanding Shares
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.