How Many Alibaba Group Holding Limited (NYSE:BABA)’s Analysts Are Bearish?

December 12, 2017 - By Marie Mckinney

 How Many Alibaba Group Holding Limited (NYSE:BABA)'s Analysts Are Bearish?

Alibaba Group Holding Limited (NYSE:BABA) Ratings Coverage

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Therefore 95% are positive. Alibaba had 156 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Buy” rating given on Friday, August 12 by SunTrust. On Monday, August 14 the stock rating was maintained by Jefferies with “Buy”. The firm has “Overweight” rating by Morgan Stanley given on Saturday, August 29. Morgan Stanley reinitiated Alibaba Group Holding Limited (NYSE:BABA) rating on Thursday, December 8. Morgan Stanley has “Overweight” rating and $130 target. On Friday, January 29 the stock rating was maintained by Brean Capital with “Buy”. The company was initiated on Wednesday, January 11 by Bernstein. On Wednesday, March 29 the stock rating was initiated by Barclays Capital with “Overweight”. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned “Buy” rating by Bank of America on Thursday, September 7. The stock of Alibaba Group Holding Limited (NYSE:BABA) has “Hold” rating given on Thursday, October 29 by Standpoint Research. Needham maintained the stock with “Buy” rating in Friday, November 3 report. Below is a list of Alibaba Group Holding Limited (NYSE:BABA) latest ratings and price target changes.

06/12/2017 Broker: Susquehanna Rating: Positive New Target: $220 Initiates Coverage On
30/11/2017 Broker: Tigress Financial Rating: Buy Maintain
13/11/2017 Broker: SunTrust Rating: Buy New Target: $210.0 Maintain
13/11/2017 Broker: Wells Fargo Rating: Buy Maintain
13/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $210.0 Maintain
06/11/2017 Broker: Oppenheimer Rating: Outperform Old Target: $200 New Target: $220 Maintain
02/11/2017 Broker: SunTrust Rating: Buy New Target: $210.0 Maintain
03/11/2017 Broker: Needham Rating: Buy New Target: $215.0 Maintain
02/11/2017 Broker: RBC Capital Markets Rating: Buy New Target: $220.0 Maintain
02/11/2017 Broker: Robert W. Baird Rating: Buy New Target: $190.0 Maintain

The stock decreased 2.58% or $4.63 during the last trading session, reaching $174.66. About 18.93 million shares traded or 0.70% up from the average. Alibaba Group Holding Limited (NYSE:BABA) has risen 57.33% since December 12, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally. The company has market cap of $448.15 billion. The firm operates in four divisions: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. It has a 49.21 P/E ratio. It operates Taobao Marketplace, a mobile commerce destination; Tmall, a third-party platform for brands and retailers; Rural Taobao program that enables rural residents and businesses to sell agricultural products to urban consumers; Juhuasuan, a sales and marketing platform for flash sales; Alibaba.com, an online wholesale marketplace; Alitrip, an online travel booking platform; 1688.com, an online wholesale marketplace; and AliExpress, a consumer marketplace.

More notable recent Alibaba Group Holding Limited (NYSE:BABA) news were published by: Investorplace.com which released: “What an Alibaba Group Holding Ltd and Ford Partnership Could Mean” on December 12, 2017, also Usnews.com with their article: “Ford and Alibaba Are Finalizing a Big Deal” published on December 06, 2017, Investorplace.com published: “Alibaba Group Holding Ltd Is Getting Grilled — What You Need to Know” on November 29, 2017. More interesting news about Alibaba Group Holding Limited (NYSE:BABA) were released by: Seekingalpha.com and their article: “Alibaba’s New Retail Push Goes On Steroids With Grocery Plan” published on December 12, 2017 as well as Investorplace.com‘s news article titled: “Risks Abound for Alibaba Group Holding Ltd Stock Price” with publication date: December 08, 2017.

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