Scott Devitt, analyst at Stifel Nicolaus, reiterates coverage on JD.com Inc (JD) in the Consumer Goods sector with a Buy rating. TipRanks.com has Devitt rated as a 5 star analyst with a 34% return on investment and a 70% success rate. Devitt has set a price target of $90.00 .
TipRanks.com reports that JD currently has 12 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $93.58 . The target pricing ranges from a high forecast of $125.00 down to a low forecast of $62.00 .
JD’s last closing price was $79.86 which would put the average price target at 17.18% upside.
In addition, TradingView issued a Buy rating for JD over the next month.
Remember, securities are volatile, so please do your own research on JD.
Other analysts covering JD include:
- Eddy Wang of Morgan Stanley issued a buy rate with the price target of $78 in August
- Ronald Keung of Goldman Sachs issued a buy rate with the price target of $125 in August
- Eddie Leung of Bank of America Securities issued a buy rate with the price target of $92 in August
If you are interest in stocks like JD or stocks in the Consumer Goods sector, please click here.
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