Alibaba Group Holding Ltd (NYSE:BABA) has received an average rating of “Buy” from the thirty research firms that are currently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, twenty-seven have issued a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $208.96.

BABA has been the topic of a number of research analyst reports. Zacks Investment Research downgraded Alibaba Group from a “hold” rating to a “sell” rating in a research note on Thursday, January 3rd. HSBC boosted their target price on Alibaba Group from $177.00 to $190.00 and gave the stock a “buy” rating in a research note on Monday, January 14th. Citigroup restated a “buy” rating and issued a $211.00 target price (up previously from $208.00) on shares of Alibaba Group in a research note on Thursday, January 31st. Sanford C. Bernstein reiterated a “mkt perform” rating on shares of Alibaba Group in a research note on Monday, January 14th. Finally, Oppenheimer upped their price objective on Alibaba Group from $185.00 to $195.00 and gave the company an “outperform” rating in a research note on Thursday, January 31st.

Shares of NYSE BABA traded down $0.61 during midday trading on Monday, reaching $186.94. The company’s stock had a trading volume of 7,882,495 shares, compared to its average volume of 13,421,546. Alibaba Group has a 12-month low of $129.77 and a 12-month high of $211.70. The company has a market capitalization of $478.78 billion, a PE ratio of 46.39, a PEG ratio of 1.57 and a beta of 2.30. The company has a quick ratio of 1.25, a current ratio of 1.25 and a debt-to-equity ratio of 0.20.

Alibaba Group (NYSE:BABA) last announced its earnings results on Wednesday, January 30th. The specialty retailer reported $12.19 earnings per share for the quarter, topping analysts’ consensus estimates of $1.36 by $10.83. Alibaba Group had a return on equity of 12.44% and a net margin of 19.87%. The firm had revenue of $117.28 billion for the quarter, compared to the consensus estimate of $118.52 billion. During the same quarter in the previous year, the business earned $1.63 EPS. The company’s revenue was up 41.3% compared to the same quarter last year. As a group, research analysts expect that Alibaba Group will post 3.65 EPS for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. Cypress Wealth Services LLC raised its holdings in Alibaba Group by 3.8% during the 1st quarter. Cypress Wealth Services LLC now owns 1,515 shares of the specialty retailer’s stock valued at $276,000 after acquiring an additional 56 shares during the period. Strs Ohio raised its holdings in Alibaba Group by 27.2% during the 1st quarter. Strs Ohio now owns 112,700 shares of the specialty retailer’s stock valued at $20,562,000 after acquiring an additional 24,100 shares during the period. Barometer Capital Management Inc. bought a new stake in Alibaba Group during the 1st quarter valued at $328,000. Brookstone Capital Management bought a new stake in Alibaba Group during the 1st quarter valued at $300,000. Finally, Tree Line Advisors Hong Kong Ltd. raised its holdings in Alibaba Group by 6.3% during the 1st quarter. Tree Line Advisors Hong Kong Ltd. now owns 170,000 shares of the specialty retailer’s stock valued at $31,017,000 after acquiring an additional 10,000 shares during the period. 40.27% of the stock is currently owned by institutional investors and hedge funds.

About Alibaba Group

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.

Featured Story: Why is insider trading harmful?

Analyst Recommendations for Alibaba Group (NYSE:BABA)

Receive News & Ratings for Alibaba Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alibaba Group and related companies with MarketBeat.com's FREE daily email newsletter.