JD.com (NASDAQ:JD) Rating Maintained
They currently have a $56.0 target price on JD.com (NASDAQ:JD). KeyBanc’s target would suggest a potential upside of 10.89 % from the company’s last stock price. This was revealed in analysts report on Friday morning.
NASDAQ:JD is right now trading -1.46% lower at $39.21 as of 4:05 PM New York time. JD.com’s stock is 0% over the last 200 days. It has underperformed the Standard & Poor’s 500 index, which has increased 6.00% over the same time.
Out of 27 brokers covering JD.com, 25 rate it a Buy, 5 indicate a Hold while 0 suggest a Sell. The highest target is $46.01 and the lowest is $21.01 according to Thomson/First Call. The 12-month mean target is $33.76, which means downside potential of 13.90% over the current price.
JD.com (NASDAQ:JD) Profile
JD.com, Inc. is an online direct sales company. The Company engages in the sale of electronics and home appliance products and general merchandise products (including audio, video products and books) sourced from manufacturers, distributors and publishers in China on the Internet through its Website, www.jd.com. It also offers an online marketplace that enables third-party sellers to sell their products to customers on the Company’s Website.
JD.com (NASDAQ:JD) traded down -1.46% on 26 January, hitting $39.21. A total of 7.26M shares of the company’s stock traded hands. This is down from average of 18.12M shares. JD.com has a 52 week low of $25.25 and a 52 week high of $48.99. The company has a market cap of $56.06B and a P/E ratio of 0.
Get the latest JD.com (NASDAQ:JD) Stock Ratings at Octafinance. Completely free access to our Analyst Ratings Database for 6000+ stocks.
The post KeyBanc Maintains $56.0 Target Price On JD.com (NASDAQ:JD), Maintains “Overweight” Rating appeared first on Octafinance.