Analyst Ratings For Alibaba Group Holding Ltd (NYSE:BABA)
Today, Susquehanna Bancshares lowered its price target on Alibaba Group Holding Ltd (NYSE:BABA) to $220.00 per share.
There are 26 Buy Ratings, 2 Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.
The current consensus rating on Alibaba Group Holding Ltd (NYSE:BABA) is Buy with a consensus target price of $223.6154 per share, a potential 54.57% upside.
Some recent analyst ratings include
- 10/12/2018-Alibaba Group Holding Ltd (NYSE:BABA) had its Buy rating reiterated by Stifel Nicolaus with a $200.00 price target
- 10/11/2018-Alibaba Group Holding Ltd (NYSE:BABA) had its Overweight ➝ Strong-Buy rating reiterated by KeyCorp
About Alibaba Group Holding Ltd (NYSE:BABA)
Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others. 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; 1688.com, an online wholesale marketplace; Alibaba.com, an online wholesale marketplace; AliExpress, a retail marketplace; Lazada, an e-commerce platform; and Lingshoutong, a digital sourcing platform. The company also provides pay-for-performance and display marketing services; and Taobao Ad Network and Exchange, a real-time bidding online marketing exchange in China; and digital payment and financial technology platform services. In addition, it offers cloud computing services, including elastic computing, database, storage, virtualization network, large scale computing, security, and management and application services, big data analytics, a machine learning platform, and Internet of Things and other service for enterprises; and payment and escrow services; and movies, TV drama series, online dramas, variety shows, news feeds, games, literature and music, and other areas through various content platforms, as well as develops and operates mobile browsers. Further, the company provides AutoNavi, a mobile digital map, navigation, and real-time traffic information; DingTalk, a proprietary enterprise communication and collaboration platform; and Tmall Genie, an AI-powered voice assistant, which helps consumers to shop, order local services, search for information, control smart appliances, and play interactive content. The company was founded in 1999 and is based in Hangzhou, the People's Republic of China.
Recent Trading Activity for Alibaba Group Holding Ltd (NYSE:BABA)
Shares of Alibaba Group Holding Ltd closed the previous trading session at 144,17 −3,50 2,37 % with shares trading hands.