Baozun Inc. (BZUN) Given Consensus Rating of “” by Analysts
Shares of Baozun Inc. (NASDAQ:BZUN) have been assigned an average broker rating score of 1.00 (Strong Buy) from the one analysts that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus price target of $34.00 for the company, according to Zacks. Zacks has also assigned Baozun an industry rank of 214 out of 265 based on the ratings given to related companies.
A number of equities analysts have issued reports on BZUN shares. Bank of America Corporation reiterated a “buy” rating and issued a $26.00 price objective (up previously from $18.70) on shares of Baozun in a report on Monday, May 15th. BidaskClub upgraded Baozun from a “buy” rating to a “strong-buy” rating in a report on Monday, July 17th. Zacks Investment Research downgraded Baozun from a “hold” rating to a “sell” rating in a report on Tuesday, July 11th. Citigroup Inc. started coverage on Baozun in a report on Thursday. They issued a “buy” rating and a $38.00 price objective for the company. Finally, Deutsche Bank AG downgraded Baozun from a “buy” rating to a “hold” rating and increased their price objective for the stock from $25.00 to $30.00 in a report on Wednesday, August 23rd.
Shares of Baozun (NASDAQ:BZUN) opened at 28.87 on Friday. The firm has a market cap of $1.57 billion, a P/E ratio of 91.36 and a beta of 4.72. Baozun has a 52-week low of $10.87 and a 52-week high of $35.91. The company has a 50-day moving average of $31.12 and a 200 day moving average of $21.54.
Baozun (NASDAQ:BZUN) last posted its quarterly earnings data on Monday, August 21st. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by $0.01. The firm 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%. On average, equities analysts expect that Baozun will post $0.69 earnings per share for the current year.
Several institutional investors have recently modified their holdings of the stock. Global X Management Co. LLC increased its position in shares of Baozun by 1.6% in the second quarter. Global X Management Co. LLC now owns 6,759 shares of the technology company’s stock valued at $150,000 after buying an additional 105 shares during the last quarter. Veritable L.P. increased its position in shares of Baozun by 1.1% in the second quarter. Veritable L.P. now owns 38,400 shares of the technology company’s stock valued at $851,000 after buying an additional 400 shares during the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Baozun by 18.5% in the second quarter. Public Employees Retirement System of Ohio now owns 7,700 shares of the technology company’s stock valued at $171,000 after buying an additional 1,200 shares during the last quarter. Citigroup Inc. increased its position in shares of Baozun by 29.3% in the second quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after buying an additional 1,311 shares during the last quarter. Finally, Sei Investments Co. increased its position in shares of Baozun by 24.3% in the first quarter. Sei Investments Co. now owns 7,024 shares of the technology company’s stock valued at $105,000 after buying an additional 1,373 shares during the last quarter. Hedge funds and other institutional investors own 31.02% of the company’s stock.
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Baozun Company Profile
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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