JD.Com (NASDAQ:JD) was downgraded by stock analysts at Vetr from a “strong-buy” rating to a “buy” rating in a research note issued on Monday. They currently have a $51.52 price target on the information services provider’s stock. Vetr‘s price objective suggests a potential upside of 11.56% from the stock’s current price.
Several other equities analysts have also recently issued reports on JD. Wells Fargo & Co initiated coverage on JD.Com in a research report on Tuesday, September 26th. They issued an “outperform” rating and a $50.00 price objective on the stock. BidaskClub cut JD.Com from a “hold” rating to a “sell” rating in a research report on Thursday, September 28th. MKM Partners reaffirmed a “buy” rating and issued a $51.00 price objective on shares of JD.Com in a research report on Monday, October 2nd. Zacks Investment Research cut JD.Com from a “hold” rating to a “sell” rating in a research report on Wednesday, October 11th. Finally, KeyCorp set a $49.00 price objective on JD.Com and gave the company a “buy” rating in a research report on Thursday, October 19th. Five investment analysts have rated the stock with a hold rating and sixteen have assigned a buy rating to the company’s stock. JD.Com currently has a consensus rating of “Buy” and a consensus price target of $46.75.
JD.Com (JD) traded up $0.05 during mid-day trading on Monday, reaching $46.18. The company had a trading volume of 7,609,304 shares, compared to its average volume of 14,270,383. The company has a market cap of $65,290.00, a PE ratio of -659.71 and a beta of 1.38. JD.Com has a fifty-two week low of $26.25 and a fifty-two week high of $48.99. The company has a debt-to-equity ratio of 0.30, a current ratio of 1.12 and a quick ratio of 0.79.
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JD.Com Company Profile
JD.com, Inc is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com.
To view Vetr’s full report, visit Vetr’s official website.
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