JD.com, Inc. with ticker code (JD) now have 38 confirmed 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 95.21 and 38.94 calculating the mean target price we have $63.86. Given that the stocks previous close was at $37.10 this would indicate that there is a potential upside of 72.1%. The 50 day moving average now sits at $43.97 and the 200 day moving average is $52.83. The market capitalization for the company is $63,897m. You can visit the company’s website by visiting: https://www.jd.com
The potential market cap would be $109,985m based on the market consensus.
JD.com, Inc. 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 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. Further, it provides integrated data, technology, business, and user management industry solutions to support the digitization of enterprises and institutions. The company was formerly known as 360buy Jingdong Inc. and changed its name to JD.com, Inc. in January 2014. JD.com, Inc. was incorporated in 2006 and is headquartered in Beijing, the People’s Republic of China.
The company has a dividend yield of 1.64% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 38.94, revenue per share of 669.38 and a 2.1% return on assets.
