Baozun Inc. (BZUN) Given Average Rating of “Buy” by Analysts
Shares of Baozun Inc. (NASDAQ:BZUN) have earned a consensus recommendation of “Buy” from the six brokerages that are covering the firm, MarketBeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $36.42.
Several equities research analysts recently commented on BZUN shares. Zacks Investment Research raised shares of Baozun from a “hold” rating to a “buy” rating and set a $38.00 price target for the company in a report on Tuesday, July 25th. BidaskClub lowered shares of Baozun from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Deutsche Bank AG lowered shares of Baozun from a “buy” rating to a “hold” rating and boosted their price target for the stock from $25.00 to $30.00 in a report on Wednesday, August 23rd. Citigroup Inc. started coverage on shares of Baozun in a report on Thursday, August 31st. They issued a “buy” rating and a $38.00 price target for the company. Finally, Vetr lowered shares of Baozun from a “strong-buy” rating to a “buy” rating and set a $32.75 price target for the company. in a report on Wednesday, September 6th.
Baozun (BZUN) opened at $35.50 on Monday. Baozun has a 12 month low of $10.87 and a 12 month high of $40.65. The stock has a market cap of $1,928.15, a price-to-earnings ratio of 98.61 and a beta of 4.64.
Baozun (NASDAQ:BZUN) last issued its quarterly earnings results on Monday, August 21st. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.01). The company had revenue of $131.04 million during the quarter. Baozun had a return on equity of 9.19% and a net margin of 3.26%. research analysts expect that Baozun will post 0.58 EPS for the current year.
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Institutional investors have recently added to or reduced their stakes in the company. Legal & General Group Plc purchased a new stake in shares of Baozun during the third quarter worth $137,000. Russell Investments Group Ltd. purchased a new stake in shares of Baozun during the third quarter worth $187,000. Citigroup Inc. grew its holdings in shares of Baozun by 29.3% during the second quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock worth $128,000 after buying an additional 1,311 shares in the last quarter. Stifel Financial Corp purchased a new stake in shares of Baozun during the third quarter worth $211,000. Finally, Global X Management Co. LLC grew its holdings in shares of Baozun by 1.6% during the second quarter. Global X Management Co. LLC now owns 6,759 shares of the technology company’s stock worth $150,000 after buying an additional 105 shares in the last quarter. 34.75% of the stock is owned by institutional investors and hedge funds.
Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales 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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