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Nomura assumed coverage on shares of JD.Com Inc(ADR) (NYSE:JD) in a research note issued on Tuesday. The firm set a “buy” rating and a $35.00 price target on the stock. Nomura’s price target points to a potential upside of 22.76% from the stock’s previous close.

A number of other analysts have also recently weighed in on JD. Analysts at Barclays initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday. They set an “overweight” rating and a $35.00 price target on the stock. Separately, analysts at Cowen and Company initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday. They set a “market perform” rating and a $30.00 price target on the stock. Finally, analysts at Bank of America initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday. They set a “neutral” rating on the stock. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. JD.Com Inc(ADR) has an average rating of “Buy” and a consensus target price of $34.69.

Shares of JD.Com In (NYSE:JD) opened at 28.51 on Tuesday. JD.Com In has a 52-week low of $19.94 and a 52-week high of $29.60. The stock’s 50-day moving average is $26.05 and its 200-day moving average is $26.05. The company’s market cap is $38.976 billion.

JD.com, Inc is a holding company. The Company is an online direct sales company. The Company, through its Website www.

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