JD.com (NASDAQ:JD) target price raised to $34.00, reported today by Stifel
- Updated: October 13, 2016
JD.com (NASDAQ:JD) had its target price raised to $34.00 by Stifel in an issued report announced Friday October 14, 2016. The upped price target suggests a potential upside of 0.29% from the company's most recent close.
Having a price of $26.27, JD.com (NASDAQ:JD) traded -1.20% lower on the day. With the last close up 7.77% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. JD.com has recorded a 50-day average of $26.35 and a two hundred day average of $24.38. Volume of trade was up over the average, with 14,027,616 shares of JD changing hands over the typical 11,718,400
With a total market value of $0, JD.com has with a one year low of $19.51 and a one year high of $33.48 .
A total of 27 analysts have released a research note on JD.com. Ten analysts rating the company a strong buy, fifteen analysts rating the company a buy, five analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $33.76.
More About JD.com (NASDAQ:JD)
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. The Company operates through the provision of a single class of services for accelerating and improving the delivery of its products over the Internet. The Company also offers online and in-person payment options and customer services. The Company operates approximately 210 warehouses with an aggregate gross floor area of approximately four million square meters in over 50 cities. It operates over 5,370 delivery stations and pickup stations in approximately 2,350 counties and districts across China.
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