Loop Capital Downgrades JD.com to Hold

Analyst Ratings Coverage

Loop Capital(Rank#50), a Chicago-based investment bank, has downgraded JD.com from a Buy rating to a Hold rating, citing concerns over the company’s near-term growth prospects. The investment bank has also cut its 12-month price target for JD.com from $82 to $49, indicating a significant drop in expected value.

JD.com is a Chinese e-commerce company that has shown impressive growth in recent years, with a large customer base in China and investments in logistics and supply chain infrastructure. Loop Capital’s downgrade reflects concerns over the current state of the Chinese economy, as well as regulatory risks that could impact JD.com’s growth potential.

The ongoing trade tensions between China and the United States have created uncertainty in the global economy, which has impacted JD.com’s stock price and growth prospects. As well. the Chinese government has implemented new regulations that could affect the e-commerce industry, including a crackdown on fake reviews and a focus on protecting consumer rights.

Loop Capital’s downgrade and price target cut reflect these concerns, as the investment bank sees potential headwinds for JD.com in the near term.

JD Ratings by Stock Target Advisor

JD Stock Forecast & Analysis

According to the opinions of 11 analysts, the average target price for JD.com Inc’s stock over the next year is USD 71.81, which indicates an expected increase in value. The average analyst rating for JD.com Inc is a “Strong Buy”, which implies a very positive outlook for the company’s future prospects.

Stock Target Advisor’s own analysis of JD.com Inc rates the stock as Slightly Bullish, which suggests that the company has a positive outlook, with nine positive signals and five negative signals.

It’s worth noting that JD.com Inc’s stock price has experienced some fluctuations in the short term. Over the past week, the stock price has increased by 10.81%, which is a positive sign. However, over the past month, the stock price has decreased by 5.67%, indicating some volatility in the short term. Over the last year, the stock price has declined by 27.79%, which could be a cause for concern for some investors.

Investors who are considering buying or holding JD.com Inc stock should be aware of the risks associated with investing in a Chinese company, as well as the potential for growth and success in the long term.

Top Trending Stocks

AVG Analyst Rating STA Analysis
StockTargetAdvisor
Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Neutral
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
StockTargetAdvisor
Strong Buy
StockTargetAdvisor
Slightly Bullish
Ad
Ad

Leave a Reply

Your email address will not be published. Required fields are marked *