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Citi Reaffirms Their Buy Rating on JD.com, Inc. Class A (9618)

Tipranks - Thu May 14, 7:40PM CDT

Citi analyst maintained a Buy rating on JD.com, Inc. Class A yesterday and set a price target of HK$152.10.

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The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD.com, Inc. Class A with a HK$145.79 average price target.

Based on JD.com, Inc. Class A’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of HK$347.09 billion and a GAAP net loss of HK$2.67 billion. In comparison, last year the company earned a revenue of HK$346.99 billion and had a net profit of HK$9.85 billion

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