JD.Com (NASDAQ:JD) was upgraded by investment analysts at TheStreet from a “d” rating to a “c-” rating in a research report issued on Tuesday.
A number of other equities analysts also recently weighed in on JD. Zacks Investment Research raised shares of JD.Com from a “sell” rating to a “hold” rating in a research note on Tuesday, December 18th. Daiwa Capital Markets set a $38.00 target price on shares of JD.Com and gave the company a “buy” rating in a research note on Friday, March 1st. CLSA raised shares of JD.Com from an “underperform” rating to an “outperform” rating and raised their target price for the company from $24.00 to $31.00 in a research note on Friday, March 1st. Macquarie set a $27.00 target price on shares of JD.Com and gave the company a “hold” rating in a research note on Friday, March 1st. Finally, Benchmark raised their target price on shares of JD.Com from $31.00 to $34.00 and gave the company a “buy” rating in a research note on Friday, March 1st. Fourteen equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $32.19.
Shares of NASDAQ JD opened at $29.03 on Tuesday. JD.Com has a 1 year low of $19.21 and a 1 year high of $46.31. The company has a market cap of $35.34 billion, a P/E ratio of -967.67 and a beta of 1.28. The company has a current ratio of 0.90, a quick ratio of 0.57 and a debt-to-equity ratio of 0.15.
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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