JD.com, Inc. (NASDAQ:JD) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of JD.com, Inc. (NASDAQ:JD) have earned a consensus rating of “Moderate Buy” from the thirteen research firms that are presently covering the company, MarketBeat reports. Two investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $41.36.

A number of equities research analysts have issued reports on the stock. Loop Capital raised shares of JD.com from a “hold” rating to a “buy” rating and cut their price target for the stock from $49.00 to $48.00 in a report on Monday, October 21st. JPMorgan Chase & Co. raised their price target on shares of JD.com from $40.00 to $50.00 and gave the stock an “overweight” rating in a report on Wednesday, October 16th. Citigroup cut their price target on shares of JD.com from $52.00 to $51.00 and set a “buy” rating on the stock in a report on Friday, November 15th. StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Friday. Finally, Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and lifted their target price for the company from $43.00 to $46.00 in a research note on Monday, December 9th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Rhumbline Advisers grew its stake in shares of JD.com by 1.7% in the fourth quarter. Rhumbline Advisers now owns 16,186 shares of the information services provider’s stock worth $561,000 after acquiring an additional 265 shares during the period. Nisa Investment Advisors LLC grew its stake in shares of JD.com by 71.5% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock worth $35,000 after acquiring an additional 417 shares during the period. Huntington National Bank grew its stake in shares of JD.com by 32.1% in the third quarter. Huntington National Bank now owns 1,861 shares of the information services provider’s stock worth $74,000 after acquiring an additional 452 shares during the period. SRN Advisors LLC grew its stake in shares of JD.com by 1.6% in the third quarter. SRN Advisors LLC now owns 32,200 shares of the information services provider’s stock worth $1,288,000 after acquiring an additional 516 shares during the period. Finally, Crossmark Global Holdings Inc. grew its stake in shares of JD.com by 0.6% in the fourth quarter. Crossmark Global Holdings Inc. now owns 100,589 shares of the information services provider’s stock worth $3,487,000 after acquiring an additional 597 shares during the period. 15.98% of the stock is owned by hedge funds and other institutional investors.

JD.com Price Performance

Shares of JD.com stock opened at $40.72 on Monday. The firm has a market cap of $64.22 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 0.30 and a beta of 0.39. JD.com has a 12-month low of $21.18 and a 12-month high of $47.82. The company has a quick ratio of 0.90, a current ratio of 1.17 and a debt-to-equity ratio of 0.18. The company’s fifty day simple moving average is $36.93 and its two-hundred day simple moving average is $34.23.

JD.com Company Profile

JD.com, Inc operates as a supply chain-based technology and service provider in the People's Republic of China. The company offers computers, communication, and consumer electronics products, as well as home appliances; and general merchandise products comprising food, beverage and fresh produce, baby and maternity products, furniture and household goods, cosmetics and other personal care items, pharmaceutical and healthcare products, industrial products, books, automobile accessories, apparel and footwear, bags, and jewelry.