JD.Com (JD) Receiving Somewhat Favorable News Coverage, Report Finds
Headlines about JD.Com (NASDAQ:JD) have trended somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. JD.Com earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the information services provider an impact score of 47.5996432848553 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news stories that may have effected Accern’s scoring:
- Benchmark Cuts JD.Com (JD) Price Target to $43.00 (americanbankingnews.com)
- Chinese retailer JD.com launches e-commerce blockchain platform for business and enterprise (siliconangle.com)
- JD Power gives T-Mobile a tiny gold star for having the best retail experience (finance.yahoo.com)
- JD.com’s Q2 Report Shows 35% Sales Growth but Huge Net Losses (fool.com)
- JD.com's Q2 Report Shows 35% Sales Growth but Huge Net Losses (finance.yahoo.com)
Shares of NASDAQ JD opened at $32.22 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.06 and a quick ratio of 0.72. The firm has a market cap of $43.09 billion, a price-to-earnings ratio of 3,222.00, a PEG ratio of 7.07 and a beta of 1.49. JD.Com has a twelve month low of $31.07 and a twelve month high of $50.68.
A number of brokerages recently issued reports on JD. Wells Fargo & Co reissued a “buy” rating and set a $53.00 price target on shares of JD.Com in a research note on Tuesday, June 19th. BNP Paribas began coverage on JD.Com in a research note on Thursday, June 14th. They set a “hold” rating for the company. ValuEngine raised JD.Com from a “sell” rating to a “hold” rating in a research note on Wednesday, June 6th. BidaskClub raised JD.Com from a “strong sell” rating to a “sell” rating in a research note on Wednesday, June 6th. Finally, KeyCorp raised JD.Com to a “buy” rating and set a $51.00 price target for the company in a research note on Monday, July 9th. Three research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $47.36.
JD.Com Company Profile
JD.com, Inc, through its subsidiaries, operates as an e-commerce company and retail infrastructure service provider in the People's Republic of China. It operates in two segments, JD Mall and New Businesses. The company offers home appliances; mobile handsets and other digital products; desktop, laptop, and other computers, as well as printers and other office equipment; furniture and household goods; apparel; cosmetics, personal care items, and pet products; women's shoes, bags, jewelry, and luxury goods; men's shoes, sports gears, and fitness equipment; automobiles and accessories; mother and childcare products, toys, and instruments; and food, beverage, and fresh produce.
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