Shares of JD.Com Inc (NASDAQ:JD) have been given an average rating of “Hold” by the twenty-three brokerages that are presently covering the company, Marketbeat Ratings reports. Twelve analysts have rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $31.54.

Several research analysts recently issued reports on the stock. Zacks Investment Research upgraded shares of JD.Com from a “sell” rating to a “hold” rating in a research report on Tuesday, December 18th. Mizuho reiterated a “neutral” rating and issued a $20.00 target price on shares of JD.Com in a research report on Thursday, December 13th. Macquarie set a $22.00 target price on shares of JD.Com and gave the stock a “hold” rating in a research report on Friday, January 25th. BidaskClub upgraded shares of JD.Com from a “hold” rating to a “buy” rating in a research report on Wednesday, April 3rd. Finally, Benchmark upped their target price on shares of JD.Com from $31.00 to $34.00 and gave the stock a “buy” rating in a research report on Friday, March 1st.

A number of institutional investors have recently bought and sold shares of the business. Advisory Services Network LLC raised its stake in shares of JD.Com by 2,305.1% during the fourth quarter. Advisory Services Network LLC now owns 1,900 shares of the information services provider’s stock valued at $40,000 after acquiring an additional 1,821 shares during the last quarter. Doyle Wealth Management bought a new position in shares of JD.Com during the fourth quarter valued at about $42,000. AlphaMark Advisors LLC bought a new position in JD.Com in the fourth quarter worth about $47,000. Commonwealth Bank of Australia raised its stake in JD.Com by 35.6% in the fourth quarter. Commonwealth Bank of Australia now owns 2,950 shares of the information services provider’s stock worth $60,000 after buying an additional 774 shares in the last quarter. Finally, Exane Derivatives bought a new position in JD.Com in the fourth quarter worth about $75,000. 47.87% of the stock is owned by institutional investors and hedge funds.

Shares of JD traded down $0.73 during mid-day trading on Wednesday, reaching $30.17. 19,902,161 shares of the stock traded hands, compared to its average volume of 17,490,012. The firm has a market capitalization of $36.73 billion, a P/E ratio of -1,005.67 and a beta of 1.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.50. JD.Com has a 1 year low of $19.21 and a 1 year high of $45.23.

JD.Com Company Profile

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 Mall 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; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.

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Analyst Recommendations for JD.Com (NASDAQ:JD)

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