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JD.com, Inc. Class A (9618) Gets a Buy from DBS

Tipranks - Tipranks - Wed May 20, 3:56AM CDT

DBS analyst Ben Wong maintained a Buy rating on JD.com, Inc. Class A today and set a price target of HK$141.00.

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Wong covers the Real Estate sector, focusing on stocks such as KE Holdings, Inc. Class A, Longfor Group Holdings, and China Resources Land. According to TipRanks, Wong has an average return of 9.8% and a 58.82% success rate on recommended stocks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for JD.com, Inc. Class A with a HK$147.92 average price target.

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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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