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Barclays Remains a Buy on JD (JD)

Tipranks - Tipranks - Fri May 15, 4:28AM CDT

In a report released today, Jiong Shao from Barclays maintained a Buy rating on JD, with a price target of $43.00.

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According to TipRanks, Shao is a 4-star analyst with an average return of 5.8% and a 44.85% success rate. Shao covers the Consumer Cyclical sector, focusing on stocks such as Coupang, Sea, and Alibaba.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for JD with a $36.83 average price target.

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Based on JD’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $352.28 billion and a GAAP net loss of $2.71 billion. In comparison, last year the company earned a revenue of $346.99 billion and had a net profit of $9.85 billion

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