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

Shares of JD.com, Inc. (NASDAQ:JD) have been assigned a consensus rating of “Moderate Buy” from the fourteen analysts that are currently covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a hold recommendation, eleven have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $41.36.

Several research analysts have commented on the stock. Citigroup dropped their price objective on shares of JD.com from $52.00 to $51.00 and set a “buy” rating for the company in a research note on Friday, November 15th. Sanford C. Bernstein raised shares of JD.com from a “market perform” rating to an “outperform” rating and boosted their target price for the company from $43.00 to $46.00 in a research note on Monday, December 9th. Dbs Bank raised shares of JD.com to a “strong-buy” rating in a research note on Wednesday, February 12th. StockNews.com lowered shares of JD.com from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, February 11th. Finally, Benchmark reissued a “buy” rating and set a $47.00 target price on shares of JD.com in a research note on Friday, November 15th.

Hedge Funds Weigh In On JD.com

Hedge funds have recently modified their holdings of the stock. Richardson Financial Services Inc. acquired a new position in shares of JD.com during the fourth quarter valued at about $27,000. Brooklyn Investment Group acquired a new position in shares of JD.com during the fourth quarter valued at about $34,000. Nisa Investment Advisors LLC increased its holdings in shares of JD.com by 71.5% during the fourth quarter. Nisa Investment Advisors LLC now owns 1,000 shares of the information services provider’s stock valued at $35,000 after acquiring an additional 417 shares in the last quarter. Modus Advisors LLC acquired a new position in shares of JD.com during the fourth quarter valued at about $41,000. Finally, Farther Finance Advisors LLC increased its holdings in shares of JD.com by 111.6% during the fourth quarter. Farther Finance Advisors LLC now owns 1,297 shares of the information services provider’s stock valued at $45,000 after acquiring an additional 684 shares in the last quarter. Institutional investors and hedge funds own 15.98% of the company’s stock.

JD.com Stock Up 0.0 %

NASDAQ JD opened at $42.54 on Friday. 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 has a fifty day moving average of $38.25 and a two-hundred day moving average of $36.10. The firm has a market capitalization of $67.09 billion, a price-to-earnings ratio of 13.46, a PEG ratio of 0.31 and a beta of 0.40. JD.com has a 52 week low of $21.18 and a 52 week high of $47.82.

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.