JD.Com Inc(ADR) Receives Average Recommendation of “Buy” from Analysts (NASDAQ:JD)
JD.Com Inc(ADR) (NASDAQ:JD) has earned an average rating of “Buy” from the eight ratings firms that are currently covering the company, Analyst Ratings Net reports. Four equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $35.00.
A number of analysts have recently weighed in on JD shares. Analysts at William Blair initiated coverage on shares of JD.Com Inc(ADR) in a research note on Friday. They set a “market perform” rating on the stock. Separately, analysts at Oppenheimer initiated coverage on shares of JD.Com Inc(ADR) in a research note on Wednesday, July 9th. They set an “outperform” rating and a $35.00 price target on the stock. Finally, analysts at SunTrust initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday, July 1st. They set a “buy” rating on the stock.
Shares of JD.Com In (NASDAQ:JD) traded up 1.69% on Monday, hitting $28.8399. The stock had a trading volume of 1,481,542 shares. JD.Com In has a 52-week low of $19.94 and a 52-week high of $31.22. The stock’s 50-day moving average is $27.9 and its 200-day moving average is $27.13. The company’s market cap is $39.427 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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