JD.com (JD) : The consensus on JD.com (JD) based on 10 analyst recommendation on the company stock is 1.85, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 5 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 1 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
JD.com (JD) : The highest level JD.com (JD) is projected to reach is $36 for the short term and the lowest estimate is at $27. The consolidated price target from 11 rating analysts who initiate coverage on the stock is $30.55 and the possibility the share price can swing is $3.08.
For the current week, the company shares have a recommendation consensus of Buy. Also, In a research note released to the investors, JP Morgan assumes its rating on JD.com (NASDAQ:JD).The analysts at the brokerage house have a current rating of Neutral on the shares. The rating by the firm was issued on August 31, 2016.
JD.com (NASDAQ:JD): The stock opened at $26.57 and touched an intraday high of $26.78 on Wednesday. During the day, the stock corrected to an intraday low of $26.48, however, the bulls stepped in and pushed the price higher to close in the green at $26.55 with a gain of 0.04% for the day. The total traded volume for the day was 9,256,252. The stock had closed at $26.54 in the previous trading session.
JD.com, Inc. is an online direct sales company. The Company engages primarily 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 Peoples republic of China (PRC) on the Internet through its Website jd.com. It also operates its online marketplace under which third-party sellers sell products on the Companys Website to customers. The Company has approximately 518 million product reviews generated by its customers. The Company operates approximately 123 warehouses with an aggregate gross floor area of approximately 2.2 million square meters in 40 cities and 3,210 delivery stations and pickup stations in 1,862 counties and districts across China. The Company provides same-day delivery in approximately 134 counties and districts and next-day delivery in approximately 866 counties and districts across China.