Baozun (BZUN) Stock Rating Upgraded by BidaskClub

BidaskClub upgraded shares of Baozun (NASDAQ:BZUN) from a hold rating to a buy rating in a research note published on Tuesday.

A number of other research firms also recently commented on BZUN. Vetr downgraded shares of Baozun from a strong-buy rating to a hold rating and set a $37.25 price objective on the stock. in a report on Tuesday, October 3rd. Zacks Investment Research raised shares of Baozun from a sell rating to a hold rating and set a $41.00 price objective on the stock in a report on Wednesday, September 13th. Finally, Bank of America boosted their price objective on shares of Baozun from $34.00 to $38.00 and gave the stock a buy rating in a report on Monday, September 11th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the stock. The company has an average rating of Hold and an average price target of $35.79.

Shares of Baozun (BZUN) opened at $36.87 on Tuesday. The company has a market cap of $1,944.44, a PE ratio of 96.76 and a beta of 4.43. Baozun has a fifty-two week low of $12.83 and a fifty-two week high of $40.65.

Several hedge funds and other institutional investors have recently made changes to their positions in BZUN. Citigroup Inc. lifted its holdings 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 in the last quarter. Legal & General Group Plc purchased a new stake in shares of Baozun in the third quarter valued at about $137,000. Public Employees Retirement System of Ohio lifted its holdings 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 in the last quarter. Russell Investments Group Ltd. purchased a new stake in shares of Baozun in the third quarter valued at about $187,000. Finally, Pacad Investment Ltd. purchased a new stake in shares of Baozun in the second quarter valued at about $197,000. 38.35% of the stock is currently owned by institutional investors.

TRADEMARK VIOLATION WARNING: “Baozun (BZUN) Stock Rating Upgraded by BidaskClub” was reported by BBNS and is the sole property of of BBNS. If you are viewing this report on another site, it was illegally copied and republished in violation of US and international copyright and trademark legislation. The correct version of this report can be viewed at https://baseballnewssource.com/markets/baozun-bzun-stock-rating-upgraded-by-bidaskclub/1827705.html.

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.

Receive News & Ratings for Baozun Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Baozun and related companies with our FREE daily email newsletter.

 


Latest News

Houston Astros Add Starter to Rotation
Houston Astros Add Starter to Rotation
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Sources: Mets Bringing Back Jay Bruce with Three-Year Deal
Justin Morneau Former Star With Twins and AL MVP Retires
Justin Morneau Former Star With Twins and AL MVP Retires
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
MLB Rumor: Pirates Discussing Andrew McCutchen with Mets
Trade Rumor: Manny Machado Could Land With Yankees
Trade Rumor: Manny Machado Could Land With Yankees
Los Angeles Dodgers Acquire Scott Alexander as Part of Three Team Deal
Los Angeles Dodgers Acquire Scott Alexander as Part of Three Team Deal


Leave a Reply

 
© 2006-2018 BBNS.