JD.Com Inc(ADR) Given Average Rating of “Buy” by Analysts (NASDAQ:JD)
Shares of JD.Com Inc(ADR) (NASDAQ:JD) have been given an average rating of “Buy” by the eight ratings firms that are currently covering the stock, AnalystRatingsNetwork reports. Four analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $35.00.
Shares of JD.Com In (NASDAQ:JD) opened at 30.01 on Monday. JD.Com In has a one year low of $19.94 and a one year high of $31.22. The stock’s 50-day moving average is $28.32 and its 200-day moving average is $27.17. The company’s market cap is $41.026 billion.
Several analysts have recently commented on the stock. Analysts at William Blair initiated coverage on shares of JD.Com Inc(ADR) in a research note on Friday, August 8th. 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.
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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