A number of other equities research analysts have also issued reports on JD. Morgan Stanley cut their target price on Wells Fargo & Co from $55.00 to $51.00 and set an equal weight rating on the stock in a research report on Monday, April 15th. JPMorgan Chase & Co. boosted their target price on Weight Watchers International from $12.00 to $14.00 and gave the stock an underweight rating in a research report on Tuesday, April 30th. TheStreet lowered USD Partners from a b- rating to a c+ rating in a research report on Friday, May 10th. Stifel Nicolaus set a $74.00 target price on InterXion and gave the stock a buy rating in a research report on Friday, May 10th. Finally, Nomura cut their target price on Ralph Lauren from $129.00 to $123.00 and set a neutral rating on the stock in a research report on Wednesday, May 15th. Ten research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. JD.Com currently has a consensus rating of Buy and a consensus price target of $31.18.
JD opened at $31.08 on Wednesday. JD.Com has a one year low of $19.21 and a one year high of $38.77. The company has a quick ratio of 0.49, a current ratio of 0.83 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average price of $28.38. The company has a market cap of $36.73 billion, a P/E ratio of -1,036.00 and a beta of 1.42.
Large investors have recently bought and sold shares of the stock. Nelson Van Denburg & Campbell Wealth Management Group LLC acquired a new position in JD.Com during the first quarter valued at $51,000. Advisory Services Network LLC grew its stake in JD.Com by 2,305.1% in the fourth quarter. Advisory Services Network LLC now owns 1,900 shares of the information services provider’s stock valued at $40,000 after purchasing an additional 1,821 shares in the last quarter. Rehmann Capital Advisory Group grew its stake in JD.Com by 233.6% in the first quarter. Rehmann Capital Advisory Group now owns 2,132 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 1,493 shares in the last quarter. Synovus Financial Corp grew its stake in JD.Com by 50.5% in the first quarter. Synovus Financial Corp now owns 2,146 shares of the information services provider’s stock valued at $64,000 after purchasing an additional 720 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new position in JD.Com in the first quarter valued at about $78,000. 48.54% of the stock is currently owned by hedge funds and other institutional investors.
JD.Com Company Profile
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 Retail 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; maternal and childcare products, toys, and musical instruments; and food, beverage, and fresh produce.
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