News Trade12 - Vetr Inc. Downgraded Alibaba Group Holding Ltd

Official Website

Trade12
 
  • Trade12
  • Trade12
  • Trade12

Vetr Inc. Downgraded Alibaba Group Holding Ltd


On Tuesday, Alibaba Group Holding Ltd  was downgraded by experts Vetr from a “buy” rating to a “hold” rating in a note issued to investors,according to the reports. They currently have a $87.21 goal price on the stock. Vetr’s target price point out a possible upside of 2.79 percent of the stock’s previous close.

In a report on Thursday, October 15, many other experts have also currently given out reports on the company. Deutsche Bank reinstated a “buy” rating and set a $85.00 price objective on shares of Alibaba Group Holding. On Friday, October 2, Cantor Fitzgerald reinstated a “buy” rating and set a $88.00 price objective on shares of Alibaba Group Holding, according to the report. On October 18, Sunday, RBC Capital reaffirmed a “buy” rating on shares of Alibaba Group Holding. Lastly, JPMorgan Chase & Co. reinstated a “buy” rating and set a $93.00 price goal (down from $96.00) on shares of Alibaba Group Holding,according to the report on Friday, September 11th. Seven research experts have ranked the stock with a hold rating and thirty-three have issued a buy rating to the stock. The company recently has an average rating of “Buy” and an average goal price of $95.02.

A hedge fund currently increased its stake in Alibaba Group Holding stock. KBC Group increased its stake in the shares of Alibaba Group Holding Ltd by 114.6 percent during the third quarter, according to its latest filing with the Securities and Exchange Commission. The institutional investor possessed 36,950 shares of the company’s stock after purchasing an extra 19,734 shares during the period. KBC Group’s holdings in Alibaba Group Holding were valued $2,179,000 at the end of the latest reporting period.

Trade12

On Tuesday, Alibaba Group Holding traded up 2.38 percent, hitting $84.84. 12,778,246 shares of the company were exchanged. The company has a market capital of $208.79 billion and a price-to-earnings ratio of 22.76. Alibaba Group Holding has a 52 week low of $57.20 and a 52 week high of $107.66. The stock has a 50 day moving average of $82.03 and a 200 day moving average of $76.52.

Alibaba Group Holding last posted its quarterly earnings results on Tuesday, October 27th. The company reported $0.57 EPS for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.25. Compared to experts expectations of $21.36 billion, the business earned $3.49 billion during the quarter, The company’s revenue for the quarter was up 32.0 percent on a YoY basis. Throughout the same period in the previous year, the company posted $0.45 earnings per share. Experts predict that Alibaba Group Holding will post $17.04 EPS for the current fiscal year.

Alibaba company is principally involved in online and mobile commerce through products, services and technology. The Company gives retail and wholesale marketplaces available through both personal computer and mobile interfaces in the PRC and worldwide. 

Retail marketplaces and services operated by the Company include the China online shopping destination, the China brands and retail platform (Tmall), the China group buying site that offers products by aggregating demand from consumers through limited time discounted sales (Juhuasuan), and the global consumer marketplace targeting consumers around the world, AliExpress. Wholesale marketplaces operated by the Company include the online China wholesale marketplace, and the online B2B marketplace that focuses on global trade among businesses from around the world, Alibaba.com.

Trade12

Read more Trade12 reviews and information about stocks, commodities, indices and currencies. Work with our best forex broker by creating a live account on our official site. With all the positive Trade12 feedback from clients, you will be assured that your funds are in safe hands.

    تداول العملات الأجنبية


    تجارة النقد الاجنبى هو شراء وبيع العملات. وهي أكبر، ومعظم السائل، والأسرع نموا في الأسواق المالية في العالم. يمكن للعميل اختيار العملة التي يرغبون في تغيير ووضع التجارة مع.

    CFD تجارة


    عقود الفروقات (CFD) تداول هو اتفاق بين طرفين لتبديل الفرق بين سعر الافتتاح وسعر الإغلاق للعقد معين. CFD تمكنك من النظريات تحركات الأسعار، ما إذا كانت الأسواق ترتفع أو تنخفض.

    التداول عبر الانترنت


    ويشمل التداول عبر الإنترنت شراء المتكرر وبيع الأسهم والسلع، وأزواج العملات التي تسعى إلى توليد الأرباح في فترة قصيرة من الزمن. أنها تنطوي على أدوات التحليل الفني مثل المتوسطات المتحركة وتستخدم مؤشرات التذبذب العشوائية لتحديد أي أسهم تستحق الشراء اعتبارا من لحظة ومساعدة التجار في عملية صنع الصفقات.

شروط

المواد المنشورة على هذا الموقع بلوق لا تعكس بالضرورة وجهات نظر وآراء شركة سيط تداول العملات الأجنبية. ويهدف كل محتوى الواردة في هذا الموقع لأغراض إعلامية فقط.

اتصل بنا

الينا على الشبكات الاجتماعية