Alibaba Group Holding Limited (NYSE: BABA) recently received a number of ratings updates from brokerages and research firms:

  • 8/16/2017 – Alibaba Group Holding Limited was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $175.06 price target on the stock.
  • 8/15/2017 – Alibaba Group Holding Limited was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $173.25 price target on the stock.
  • 8/15/2017 – Alibaba Group Holding Limited had its price target raised by analysts at Stifel Nicolaus from $165.00 to $180.00. They now have a “buy” rating on the stock.
  • 8/15/2017 – Alibaba Group Holding Limited had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $160.00 price target on the stock.
  • 8/15/2017 – Alibaba Group Holding Limited is now covered by analysts at SunTrust Banks, Inc.. They set a “buy” rating and a $175.00 price target on the stock.
  • 8/10/2017 – Alibaba Group Holding Limited was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 8/2/2017 – Alibaba Group Holding Limited had its price target raised by analysts at Barclays PLC to $180.00. They now have an “overweight” rating on the stock.
  • 7/25/2017 – Alibaba Group Holding Limited was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/22/2017 – Alibaba Group Holding Limited had its “buy” rating reaffirmed by analysts at HSBC Holdings plc. They now have a $168.00 price target on the stock, up previously from $162.00.
  • 7/22/2017 – Alibaba Group Holding Limited had its “buy” rating reaffirmed by analysts at Instinet.
  • 7/14/2017 – Alibaba Group Holding Limited had its “hold” rating reaffirmed by analysts at Atlantic Securities.
  • 7/11/2017 – Alibaba Group Holding Limited was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $160.50 price target on the stock.
  • 7/5/2017 – Alibaba Group Holding Limited was downgraded by analysts at Vetr from a “strong-buy” rating to a “buy” rating. They now have a $160.50 price target on the stock.
  • 7/3/2017 – Alibaba Group Holding Limited had its “buy” rating reaffirmed by analysts at Deutsche Bank AG. They now have a $201.00 price target on the stock, up previously from $158.00.
  • 6/29/2017 – Alibaba Group Holding Limited was upgraded by analysts at Vetr from a “buy” rating to a “strong-buy” rating. They now have a $160.50 price target on the stock.
  • 6/27/2017 – Alibaba Group Holding Limited had its price target raised by analysts at Barclays PLC from $141.00 to $175.00. They now have an “overweight” rating on the stock.
  • 6/27/2017 – Alibaba Group Holding Limited is now covered by analysts at J P Morgan Chase & Co. They set an “overweight” rating and a $190.00 price target on the stock.
  • 6/22/2017 – Alibaba Group Holding Limited had its “outperform” rating reaffirmed by analysts at Robert W. Baird. They now have a $170.00 price target on the stock.
  • 6/21/2017 – Alibaba Group Holding Limited was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $148.71 price target on the stock.
  • 6/19/2017 – Alibaba Group Holding Limited had its price target raised by analysts at Instinet from $139.00 to $170.00. They now have a “buy” rating on the stock.
  • 6/19/2017 – Alibaba Group Holding Limited had its price target lowered by analysts at Deutsche Bank AG to $158.00. They now have a “buy” rating on the stock.
  • 6/19/2017 – Alibaba Group Holding Limited had its “buy” rating reaffirmed by analysts at Pacific Crest. They now have a $137.00 price target on the stock.

Alibaba Group Holding Limited (NYSE:BABA) traded up 0.95% during trading on Wednesday, hitting $159.25. 8,721,716 shares of the company’s stock traded hands. The stock has a market cap of $402.90 billion, a P/E ratio of 63.02 and a beta of 2.64. Alibaba Group Holding Limited has a 12-month low of $86.01 and a 12-month high of $160.39. The firm’s 50-day moving average price is $150.57 and its 200 day moving average price is $123.55.

Alibaba Group Holding Limited (NYSE:BABA) last released its quarterly earnings data on Thursday, May 18th. The specialty retailer reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.64 by $0.01. Alibaba Group Holding Limited had a return on equity of 15.40% and a net margin of 27.51%. The business had revenue of $5.61 billion during the quarter, compared to analyst estimates of $5.26 billion. During the same period in the previous year, the company earned $0.47 EPS. Analysts anticipate that Alibaba Group Holding Limited will post $4.65 earnings per share for the current fiscal year.

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.

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