UBS Group set a $210.00 price target on Alibaba Group (NYSE:BABA) in a research report report published on Tuesday, Stock Target Advisor reports. The firm currently has a buy rating on the specialty retailer’s stock.

Other research analysts have also issued reports about the company. Morgan Stanley set a $196.00 price target on Alibaba Group and gave the company a buy rating in a report on Tuesday, March 26th. Stifel Nicolaus raised their price target on Alibaba Group from $200.00 to $220.00 and gave the company a buy rating in a report on Thursday, May 16th. Zacks Investment Research lowered Alibaba Group from a hold rating to a sell rating in a report on Tuesday, April 16th. SunTrust Banks reissued a buy rating and set a $200.00 price target on shares of Alibaba Group in a report on Wednesday, May 15th. Finally, Barclays raised their price target on Alibaba Group from $220.00 to $225.00 and gave the company an overweight rating in a report on Monday, May 20th. One research analyst has rated the stock with a hold rating, twenty-seven have given a buy rating and one has given a strong buy rating to the company. Alibaba Group presently has a consensus rating of Buy and an average target price of $217.22.

BABA stock opened at $158.10 on Tuesday. The company has a current ratio of 1.30, a quick ratio of 1.30 and a debt-to-equity ratio of 0.18. The firm has a market capitalization of $409.89 billion, a price-to-earnings ratio of 44.04, a P/E/G ratio of 1.17 and a beta of 2.32. Alibaba Group has a 1 year low of $129.77 and a 1 year high of $210.08.

Alibaba Group (NYSE:BABA) last posted its earnings results on Wednesday, May 15th. The specialty retailer reported $8.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.75 by $7.82. The company had revenue of $93.50 billion for the quarter, compared to analysts’ expectations of $91.68 billion. Alibaba Group had a return on equity of 12.72% and a net margin of 23.17%. The firm’s quarterly revenue was up 51.0% compared to the same quarter last year. During the same period last year, the business posted $5.73 earnings per share. As a group, analysts predict that Alibaba Group will post 5.1 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc increased its stake in Alibaba Group by 2.3% in the 3rd quarter. Vanguard Group Inc now owns 37,571,661 shares of the specialty retailer’s stock worth $6,190,307,000 after purchasing an additional 849,659 shares in the last quarter. Advisors Asset Management Inc. boosted its position in Alibaba Group by 14.3% during the 4th quarter. Advisors Asset Management Inc. now owns 55,943 shares of the specialty retailer’s stock worth $7,668,000 after acquiring an additional 7,015 shares during the period. Buckingham Capital Management Inc. boosted its position in Alibaba Group by 48.9% during the 4th quarter. Buckingham Capital Management Inc. now owns 5,323 shares of the specialty retailer’s stock worth $730,000 after acquiring an additional 1,747 shares during the period. UBP Investment Advisors SA boosted its position in Alibaba Group by 45.0% during the 4th quarter. UBP Investment Advisors SA now owns 2,630 shares of the specialty retailer’s stock worth $360,000 after acquiring an additional 816 shares during the period. Finally, BB&T Securities LLC boosted its position in Alibaba Group by 13.3% during the 4th quarter. BB&T Securities LLC now owns 110,004 shares of the specialty retailer’s stock worth $15,077,000 after acquiring an additional 12,894 shares during the period. 40.68% of the stock is currently owned by hedge funds and other institutional investors.

Alibaba Group Company Profile

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

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Analyst Recommendations for Alibaba Group (NYSE:BABA)

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