Shares of Baozun Inc (NASDAQ:BZUN) have been assigned an average recommendation of “Buy” from the six analysts that are currently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $36.98.
A number of brokerages have weighed in on BZUN. Bank of America lifted their price target on shares of Baozun from $38.00 to $44.00 and gave the company a “buy” rating in a research report on Tuesday. Zacks Investment Research upgraded shares of Baozun from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 23rd. BidaskClub upgraded shares of Baozun from a “hold” rating to a “buy” rating in a research report on Tuesday, January 9th. Finally, Vetr cut shares of Baozun from a “buy” rating to a “hold” rating and set a $35.93 price target for the company. in a research report on Monday, January 8th.
Several hedge funds and other institutional investors have recently bought and sold shares of BZUN. SG Americas Securities LLC purchased a new position in shares of Baozun in the fourth quarter valued at approximately $108,000. Citigroup Inc. boosted its stake in shares of Baozun by 29.3% in the second quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after purchasing an additional 1,311 shares during the period. Legal & General Group Plc purchased a new position in shares of Baozun in the third quarter valued at approximately $137,000. Public Employees Retirement System of Ohio boosted its stake in shares of Baozun by 18.5% in the second quarter. Public Employees Retirement System of Ohio now owns 7,700 shares of the technology company’s stock valued at $171,000 after purchasing an additional 1,200 shares during the period. Finally, Russell Investments Group Ltd. purchased a new position in shares of Baozun in the third quarter valued at approximately $187,000. 40.66% of the stock is owned by institutional investors and hedge funds.
Baozun (NASDAQ:BZUN) last announced its quarterly earnings results on Tuesday, November 21st. The technology company reported $0.06 earnings per share for the quarter. Baozun had a net margin of 3.20% and a return on equity of 8.72%. research analysts expect that Baozun will post 0.54 EPS for the current fiscal year.
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Baozun Company Profile
Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment.
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