JD.com, Inc. – American Deposit with ticker code (JD) have now 37 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 60.93 and 35.96 calculating the mean target price we have 51.83. Now with the previous closing price of 40.71 this now indicates there is a potential upside of 27.3%. The 50 day MA is 44.72 and the 200 moving average now moves to 42.33. The company has a market capitalisation of $57,389m. Company Website: http://www.jd.com
JD.com, Inc., through its subsidiaries, operates as an e-commerce company in the People’s Republic of China. The company operates in two segments, JD Mall and New Businesses. It sells mobile handsets, consumer electronics products, and auto parts and accessories; home appliances; and general merchandise products directly to customers through its Website jd.com and mobile applications. The company also provides an online marketplace for third-party sellers to sell products to customers through its Website jd.com and mobile applications. In addition, it offers value-added fulfillment services comprising warehousing and delivery, and transaction processing and billing services to third-party sellers; online marketing services for suppliers and sellers; various financial products and services, including supply chain financing and microcredit, consumer financing, online payment, and others to suppliers and third-party sellers; and online-to-offline solutions for customers and offline retailers. As of April 25, 2017, the company operated 7 fulfillment centers and 256 warehouses, and total 6,906 delivery stations and pickup stations in 2,655 counties and districts across the People’s Republic of China. JD.com, Inc. has a strategic cooperation agreement with Qihoo 360 Technology Co. Ltd. to jointly build a full-scene smart marketing platform for the company; and a strategic collaboration agreement with Hydoo International Holding Limited. The company is headquartered in Beijing, the People’s Republic of China.