JD.Com (NASDAQ:JD) received a $31.00 target price from equities researchers at Credit Suisse Group in a research note issued on Tuesday. The brokerage presently has a “buy” rating on the information services provider’s stock. Credit Suisse Group’s price objective would suggest a potential upside of 52.41% from the stock’s current price.

A number of other brokerages have also recently commented on JD. Nomura dropped their price target on shares of JD.Com from $44.00 to $41.00 and set a “buy” rating on the stock in a research note on Friday, August 17th. UBS Group set a $28.00 price target on shares of JD.Com and gave the company a “buy” rating in a research note on Friday, October 12th. Zacks Investment Research upgraded shares of JD.Com from a “hold” rating to a “buy” rating and set a $27.00 price target on the stock in a research note on Thursday, September 27th. Stifel Nicolaus restated a “buy” rating and set a $39.00 price target on shares of JD.Com in a research note on Wednesday, September 5th. Finally, Susquehanna Bancshares initiated coverage on shares of JD.Com in a research note on Friday, September 7th. They set a “neutral” rating and a $30.00 price target on the stock. Four analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. JD.Com presently has a consensus rating of “Hold” and an average target price of $35.55.

JD.Com stock opened at $20.34 on Tuesday. JD.Com has a twelve month low of $19.27 and a twelve month high of $50.68. The company has a market cap of $23.47 billion, a PE ratio of 2,034.00 and a beta of 1.40. The company has a quick ratio of 0.66, a current ratio of 0.90 and a debt-to-equity ratio of 0.15.

JD.Com (NASDAQ:JD) last announced its quarterly earnings results on Monday, November 19th. The information services provider reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.08 by ($0.06). The business had revenue of $104.77 billion for the quarter, compared to analysts’ expectations of $105.93 billion. JD.Com had a net margin of 0.31% and a negative return on equity of 2.40%. The business’s quarterly revenue was up 25.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.52 earnings per share. On average, equities analysts expect that JD.Com will post 0.14 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently bought and sold shares of the business. Benjamin F. Edwards & Company Inc. raised its position in shares of JD.Com by 69.7% during the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 3,347 shares of the information services provider’s stock valued at $130,000 after buying an additional 1,375 shares in the last quarter. Canal Capital Management LLC raised its position in shares of JD.Com by 20.6% during the 2nd quarter. Canal Capital Management LLC now owns 8,887 shares of the information services provider’s stock valued at $346,000 after buying an additional 1,516 shares in the last quarter. Creative Planning raised its position in shares of JD.Com by 4.5% during the 2nd quarter. Creative Planning now owns 36,065 shares of the information services provider’s stock valued at $1,405,000 after buying an additional 1,554 shares in the last quarter. Centaurus Financial Inc. raised its position in shares of JD.Com by 57.1% during the 2nd quarter. Centaurus Financial Inc. now owns 4,417 shares of the information services provider’s stock valued at $172,000 after buying an additional 1,606 shares in the last quarter. Finally, GAM Holding AG raised its position in shares of JD.Com by 0.4% during the 2nd quarter. GAM Holding AG now owns 371,723 shares of the information services provider’s stock valued at $14,479,000 after buying an additional 1,660 shares in the last quarter. Institutional investors and hedge funds own 48.72% of the company’s stock.

About JD.Com

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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Analyst Recommendations for JD.Com (NASDAQ:JD)

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