JD.Com (JD) Raised to Sell at BidaskClub
BidaskClub upgraded shares of JD.Com (NASDAQ:JD) from a strong sell rating to a sell rating in a research note issued to investors on Friday morning.
Other equities research analysts have also issued reports about the stock. Benchmark cut their target price on shares of JD.Com from $48.00 to $43.00 and set a buy rating on the stock in a report on Friday, August 17th. Nomura lowered their price objective on shares of JD.Com from $44.00 to $41.00 and set a buy rating for the company in a research report on Friday, August 17th. Zacks Investment Research downgraded shares of JD.Com from a buy rating to a hold rating in a research report on Wednesday, September 19th. KeyCorp lowered their price objective on shares of JD.Com from $51.00 to $43.00 and set a buy rating for the company in a research report on Friday, August 17th. Finally, TheStreet downgraded shares of JD.Com from a c rating to a d rating in a research report on Monday, August 20th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and eight have given a buy rating to the company’s stock. JD.Com has an average rating of Hold and a consensus target price of $38.33.
JD opened at $21.11 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.66 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $27.75 billion, a price-to-earnings ratio of 2,111.00 and a beta of 1.40. JD.Com has a twelve month low of $20.93 and a twelve month high of $50.68.
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 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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