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Vetr Inc. announced JD.Com Inc(ADR) (NASDAQ:JD), bumping up its stock price target to $30.83 today

In a report released on 10/06/2016 Vetr Inc. increased the stock price target of JD.Com Inc(ADR) (NASDAQ:JD) to $30.83 reporting a possible upside of 0.10%.

Just yesterday JD.Com Inc(ADR) (NASDAQ:JD) traded 1.60% higher at $27.93. JD.Com Inc(ADR)’s 50-day moving average is $26.14 and its 200-day moving average is $24.34. The last closing price is up 14.77% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 23,699,714 shares of JD traded hands, up from an average trading volume of 11,827,400

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JD.Com Inc(ADR) has 52 week low of $19.51 and a 52 week high of $33.48 and has a market capitalization of $0.

In addition to Vetr Inc. reporting its stock price target, a total of 27 brokers have issued a research note on the company. The average stock price target is $33.76 with 10 brokers rating the stock a strong buy, 15 brokers rating the stock a buy, 5 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.

Brief Synopsis On JD.Com Inc(ADR) (NASDAQ:JD), 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, 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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