Can analysts adopt a bullish outlook for JD.com, Inc. (NASDAQ:JD)?

December 7, 2017 - By Nellie Frank

 Can analysts adopt a bullish outlook for JD.com, Inc. (NASDAQ:JD)?

JD.com, Inc. (NASDAQ:JD) Ratings Coverage

Among 21 analysts covering JD.com (NASDAQ:JD), 16 have Buy rating, 0 Sell and 5 Hold. Therefore 76% are positive. JD.com had 41 analyst reports since August 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by Nomura given on Friday, January 22. The rating was initiated by Bernstein on Wednesday, January 11 with “Underperform”. The stock has “Outperform” rating by Wells Fargo on Tuesday, November 14. The firm earned “Buy” rating on Tuesday, November 10 by HSBC. The stock has “Buy” rating by Jefferies on Monday, July 17. The firm earned “Buy” rating on Friday, November 6 by Goldman Sachs. The company was maintained on Tuesday, August 22 by Jefferies. Morgan Stanley downgraded the stock to “Equal-Weight” rating in Tuesday, November 14 report. The stock of JD.com, Inc. (NASDAQ:JD) has “Neutral” rating given on Thursday, August 11 by Bank of America. Nomura maintained the shares of JD in report on Tuesday, November 14 with “Buy” rating. Below is a list of JD.com, Inc. (NASDAQ:JD) latest ratings and price target changes.

15/11/2017 Broker: JP Morgan Rating: Overweight Old Target: $52 New Target: $50 Maintain
14/11/2017 Broker: Nomura Rating: Buy Old Target: $49 New Target: $52 Maintain
14/11/2017 Broker: Wells Fargo Rating: Outperform Old Target: $50 New Target: $52 Maintain
14/11/2017 Broker: Morgan Stanley Old Rating: Overweight New Rating: Equal-Weight Downgrade
13/11/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $51.0 Maintain
30/10/2017 Broker: UBS Old Rating: Neutral New Rating: Buy Upgrade
19/10/2017 Broker: KeyBanc Capital Markets Rating: Buy New Target: $49.0 Maintain
03/10/2017 Broker: Jefferies Rating: Buy New Target: $45.5 Maintain
27/09/2017 Broker: Inc. – American Depositary Shares Rating: Wells Fargo 50
26/09/2017 Broker: Wells Fargo Rating: Buy New Target: $50.0 Initiate

The stock increased 0.82% or $0.31 during the last trading session, reaching $38.13. About 11.46M shares traded. JD.com, Inc. (NASDAQ:JD) has risen 77.67% since December 7, 2016 and is uptrending. It has outperformed by 60.97% the S&P500.

JD.com, Inc., through its subsidiaries, operates as an e-commerce firm in the PeopleÂ’s Republic of China. The company has market cap of $54.30 billion. The firm operates in two divisions, JD Mall and New Businesses. It currently has negative earnings. It sells mobile handsets, consumer electronics products, and auto parts and accessories; home appliances; and general merchandise products directly to clients through its Website jd.com and mobile applications.

More notable recent JD.com, Inc. (NASDAQ:JD) news were published by: Investorplace.com which released: “Why You Should Buy JD.Com Inc(ADR) Stock Immediately!” on November 09, 2017, also Investorplace.com with their article: “Why JD.Com Inc(ADR) Stock Deserves To Trade Above $45” published on November 15, 2017, Investorplace.com published: “JD.Com Inc (ADR) Stock Should Be Bought on This Dip” on November 28, 2017. More interesting news about JD.com, Inc. (NASDAQ:JD) were released by: Investorplace.com and their article: “Why JD.Com Inc(ADR) Could Rally More Than 20%” published on November 14, 2017 as well as Investorplace.com‘s news article titled: “JD.Com Inc Stock Surges on Q3 Revenue Beat” with publication date: November 13, 2017.

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