Several other equities research analysts have also recently weighed in on the stock. Zacks Investment Research raised shares of JD.Com from a hold rating to a buy rating and set a $32.00 price target for the company in a research report on Wednesday, March 27th. TheStreet raised shares of JD.Com from a d rating to a c- rating in a research report on Tuesday, March 5th. Daiwa Capital Markets set a $38.00 price target on shares of JD.Com and gave the company a buy rating in a research report on Friday, March 1st. Macquarie set a $27.00 price target on shares of JD.Com and gave the company a hold rating in a research report on Friday, March 1st. Finally, KeyCorp reaffirmed a hold rating on shares of JD.Com in a research report on Friday, March 1st. Thirteen research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. JD.Com has a consensus rating of Hold and an average price target of $32.69.
Shares of JD opened at $29.66 on Friday. The firm has a market cap of $36.81 billion, a price-to-earnings ratio of -988.67 and a beta of 1.32. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.50. JD.Com has a twelve month low of $19.21 and a twelve month high of $45.23.
Several large investors have recently bought and sold shares of JD. Advisory Services Network LLC increased its stake in shares of JD.Com by 2,305.1% in the 4th quarter. Advisory Services Network LLC now owns 1,900 shares of the information services provider’s stock worth $40,000 after acquiring an additional 1,821 shares in the last quarter. Doyle Wealth Management bought a new position in shares of JD.Com in the 4th quarter worth about $42,000. AlphaMark Advisors LLC bought a new position in shares of JD.Com in the 4th quarter worth about $47,000. Commonwealth Bank of Australia increased its stake in JD.Com by 35.6% during the 4th quarter. Commonwealth Bank of Australia now owns 2,950 shares of the information services provider’s stock valued at $60,000 after purchasing an additional 774 shares in the last quarter. Finally, Exane Derivatives bought a new stake in JD.Com during the 4th quarter valued at about $75,000. 47.87% of the stock is owned by hedge funds and other institutional investors.
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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