BidaskClub upgraded shares of Baozun (NASDAQ:BZUN) from a sell rating to a hold rating in a report issued on Friday morning.

A number of other analysts have also weighed in on the stock. Zacks Investment Research lowered shares of Baozun from a hold rating to a strong sell rating in a research note on Tuesday, November 27th. ValuEngine raised shares of Baozun from a hold rating to a buy rating in a research note on Friday, November 23rd. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of $48.47.

Shares of NASDAQ:BZUN opened at $33.54 on Friday. The company has a market capitalization of $1.95 billion, a PE ratio of 60.98 and a beta of 3.56. Baozun has a twelve month low of $28.93 and a twelve month high of $67.41. The company has a quick ratio of 1.57, a current ratio of 2.01 and a debt-to-equity ratio of 0.03.

Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Wednesday, November 21st. The technology company reported $0.07 earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.03). The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.11 billion. Baozun had a return on equity of 12.09% and a net margin of 4.80%. The company’s revenue was up 24.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.64 earnings per share. Equities analysts forecast that Baozun will post 0.76 earnings per share for the current year.

A number of hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. lifted its stake in Baozun by 13.6% during the third quarter. Vanguard Group Inc. now owns 824,205 shares of the technology company’s stock valued at $40,040,000 after purchasing an additional 98,783 shares during the last quarter. Legal & General Group Plc lifted its stake in Baozun by 2,477.8% during the third quarter. Legal & General Group Plc now owns 80,711 shares of the technology company’s stock valued at $3,921,000 after purchasing an additional 77,580 shares during the last quarter. Standard Life Aberdeen plc acquired a new stake in Baozun during the third quarter valued at approximately $23,445,000. Krane Funds Advisors LLC lifted its stake in Baozun by 21.4% during the third quarter. Krane Funds Advisors LLC now owns 511,048 shares of the technology company’s stock valued at $24,827,000 after purchasing an additional 89,942 shares during the last quarter. Finally, Nordea Investment Management AB acquired a new stake in Baozun during the third quarter valued at approximately $1,591,000. 55.30% of the stock is owned by institutional investors and hedge funds.

About Baozun

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.

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