JD.Com Inc(ADR) Receives Average Rating of “Buy” from Analysts (NYSE:JD)
JD.Com Inc(ADR) (NYSE:JD) has earned a consensus recommendation of “Buy” from the eleven analysts that are currently covering the stock, AnalystRatingsNetwork reports. Four investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $34.72.
JD has been the subject of a number of recent research reports. Analysts at William Blair initiated coverage on shares of JD.Com Inc(ADR) in a research note on Thursday, August 7th. 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 Nomura initiated coverage on shares of JD.Com Inc(ADR) in a research note on Tuesday, July 1st. They set a “buy” rating and a $35.00 price target on the stock.
JD.Com In (NYSE:JD) opened at 28.21 on Tuesday. 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 $28.07 and its 200-day moving average is $27.03. The company’s market cap is $38.565 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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