News articles about Alibaba Group (NYSE:BABA) have trended positive recently, Accern Sentiment reports. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Alibaba Group earned a media sentiment score of 0.26 on Accern’s scale. Accern also gave press coverage about the specialty retailer an impact score of 45.8457206978863 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

These are some of the media headlines that may have effected Accern Sentiment’s scoring:

Alibaba Group (NYSE:BABA) traded up $0.97 during mid-day trading on Monday, hitting $176.29. 12,524,722 shares of the company’s stock traded hands, compared to its average volume of 15,590,162. The stock has a market capitalization of $449,021.56, a price-to-earnings ratio of 51.10, a price-to-earnings-growth ratio of 1.33 and a beta of 2.52. Alibaba Group has a 1-year low of $86.62 and a 1-year high of $191.75. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.21.

A number of research analysts have recently commented on the stock. MKM Partners restated a “buy” rating on shares of Alibaba Group in a report on Friday, December 15th. Stifel Nicolaus restated a “buy” rating and issued a $190.00 price target on shares of Alibaba Group in a report on Sunday, October 1st. Vetr cut shares of Alibaba Group from a “strong-buy” rating to a “buy” rating and set a $199.42 target price on the stock. in a report on Wednesday, October 4th. Jefferies Group reiterated a “buy” rating and set a $160.00 target price on shares of Alibaba Group in a report on Thursday, September 21st. Finally, reiterated a “buy” rating and set a $204.00 target price (up from $184.00) on shares of Alibaba Group in a report on Tuesday, October 10th. One research analyst has rated the stock with a sell rating, one has given a hold rating, thirty-three have issued a buy rating and two have assigned a strong buy rating to the company’s stock. Alibaba Group presently has a consensus rating of “Buy” and a consensus price target of $185.14.

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Alibaba Group Company Profile

Alibaba Group Holding Limited is a holding company. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China (China) and internationally.

Insider Buying and Selling by Quarter for Alibaba Group (NYSE:BABA)

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