JD.com, Inc. with ticker code (JD) now have 38 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price High/Low ranges between 95.43 and 43.03 calculating the average target price we see $71.56. Given that the stocks previous close was at $39.54 and the analysts are correct then there would likely be a percentage uptick in value of 81.0%. The 50 day moving average now sits at $51.88 and the 200 moving average now moves to $55.03. The market capitalization for the company is $66,413m. You can visit the company’s website by visiting: https://www.jd.com
The potential market cap would be $120,195m 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 1.6% with the ex dividend date set at 5-4-2023 (DMY).
Other points of data to note are a P/E ratio of 40.53, revenue per share of 669.38 and a 2.1% return on assets.
