JD.com with ticker code (JD) now have 39 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 119.24 and 49.19 calculating the mean target price we have 90.01. Now with the previous closing price of 56.89 this would indicate that there is a potential upside of 58.2%. The 50 day MA is 63.55 and the 200 moving average now moves to 72.61. The market capitalisation for the company is $83,819m. Visit the company website at: https://www.jd.com
The potential market cap would be $132,616m based on the market concensus.
JD.com provides supply chain-based technologies and services 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, books, automobile accessories, apparel and footwear, bags, and jewelry. It also provides online marketplace services for third-party merchants; marketing services; and omni-channel solutions to customers and offline retailers, as well as online healthcare services. In addition, the company offers supply chain logistics services for sporting events covering various warehouse centers, and competition and non-competition venues. Further, it develops, owns, and manages its logistics facilities and other real estate properties to support third parties; and provides asset management services for logistics property investors. Additionally, the company provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions. JD.com also offers integrated technology service solutions under the Dianjiezhi brand for enterprises to facilitate their digital transformation and to make their supply chain agile. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com in January 2014. JD.com was incorporated in 2006 and is headquartered in Beijing, the People’s Republic of China.
