HSBC Reaffirms Their Buy Rating on JD.com, Inc. Class A (9618)
In a report released on December 27, from HSBC maintained a Buy rating on JD.com, Inc. Class A, with a price target of HK$144.30.
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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$160.51 average price target.
Based on JD.com, Inc. Class A’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of HK$299.06 billion and a net profit of HK$5.28 billion. In comparison, last year the company earned a revenue of HK$260.39 billion and had a net profit of HK$11.73 billion
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