Home » Reports » USA Broker Ratings » JD.Com Inc(ADR) 22.6% Potential Upside Now Implied by MKM Partners

JD.Com Inc(ADR) 22.6% Potential Upside Now Implied by MKM Partners

JD.Com Inc(ADR) using SYMBOL/TICKER code NASDAQ:JD had its stock rating noted as ‘Initiated’ with the recommendation being set at ‘BUY’ today by analysts at MKM Partners. JD.Com Inc(ADR) are listed in the Consumer Services sector within NASDAQ. MKM Partners have set a target price of 38 USD on its stock. This would imply the analyst believes there is a potential upside of 22.6% from the opening price of 31 USD.

 

JD.Com Inc(ADR) NASDAQ:JD has a 50 day moving average of 29.43 USD and a 200 day moving average of 31.12 USD. The 1 year high share price is 38 USD while the 52 week low for the stock is 21.55 USD. Over the last 30 and 90 trading days the company share price has increased 2.29 points and increased 1.33 points respectively. There are currently shares in issue with the average daily volume traded being . Market capitalisation for is $ USD.

 

JD.Com Inc(ADR) is an online direct sales company. The Company engages primarily 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 People’s republic of China (PRC) on the Internet through its Website jd.com. It also operates its online marketplace under which third-party sellers sell products on the Company’s Website to customers. The Company has approximately 518 million product reviews generated by its customers.

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