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Equities researchers at SunTrust started coverage on shares of JD.Com Inc(ADR) (NYSE:JD) in a research report issued on Tuesday, TheFlyOnTheWall.com reports. The firm set a “buy” rating on the stock.

Shares of JD.Com In (NYSE:JD) opened at 28.51 on Tuesday. JD.Com In has a 1-year low of $19.94 and a 1-year 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.

Several other analysts have also recently commented on the stock. Analysts at Jefferies Group initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday. They set a “buy” rating on the stock. Separately, analysts at Piper Jaffray initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday. They set a “neutral” rating on the stock. Finally, analysts at Nomura initiated coverage on shares of JD.Com Inc(ADR) in a research note on Friday, June 20th. They set a “neutral” rating and a $27.00 price target on the stock. Two research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock presently has an average rating of “Buy” and an average target price of $34.83.

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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