JD (JD) Gets a Buy Rating from Mizuho Securities

Mizuho Securities analyst James Lee maintained a Buy rating on JD (JDResearch Report) on March 10 and set a price target of $100.00. The company’s shares closed last Friday at $47.99.

According to TipRanks.com, Lee is a 4-star analyst with an average return of 7.0% and a 54.8% success rate. Lee covers the Technology sector, focusing on stocks such as Uber Technologies, Alphabet Class A, and Meta Platforms.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD with a $92.45 average price target, representing a 71.5% upside. In a report released yesterday, Citigroup also maintained a Buy rating on the stock with a $99.00 price target.

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JD’s market cap is currently $93.07B and has a P/E ratio of 20.80.

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Incorporated in 1998, China-based JD.com is a technology driven e-commerce company and operates through two business segments, JD Mall, and New Businesses. It is the largest retailer in China and provides electronics products and general merchandise products, including audio, video products, and books. JD.com offers its products through its website JD.com and mobile apps, as well as directly to customers.

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