Nomura analyst Jialong Shi maintained a Buy rating on JD (NASDAQ:JD).com Inc on Thursday, setting a price target of $94, which is approximately 32.04% above the present share price of $71.19.
Shi expects JD.com Inc to post earnings per share (EPS) of $0.00 for the second quarter of 2021.
The current consensus among 13 TipRanks analysts is for a Strong Buy rating of shares in JD, with an average price target of $99.54.
The analysts price targets range from a high of $115 to a low of $80.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $203.18 billion and a net profit of $1.58 billion. The company's market cap is $110.98 billion.
According to TipRanks.com, Nomura analyst Jialong Shi is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 21.7% and a 63.12% success rate.
Incorporated in 1998, China-based JD.com is a technology driven e-commerce company and operates through two business segments, JD Mall, and New Businesses. It is the largest retailer in China and provides electronics products and general merchandise products, including audio, video products, and books. JD.com offers its products through its website JD.com and mobile apps, as well as directly to customers.