Analyst Ratings For Alibaba Group (NYSE:BABA)
Today, Barclays raised its price target on Alibaba Group (NYSE:BABA) to $220.00 per share.
There are 25 Buy Ratings, 1 Strong Buy Ratings, no Sell Ratings, no Hold Ratings on the stock.
The current consensus rating on Alibaba Group (NYSE:BABA) is Buy with a consensus target price of $212.16 per share, a potential 15.65% upside.
Some recent analyst ratings include
- 2/1/2019-Alibaba Group (NYSE:BABA) had its Buy rating reiterated by Argus
- 1/31/2019-Alibaba Group (NYSE:BABA) had its Overweight ➝ Overweight rating reiterated by KeyCorp with a $210.00 price target
- 1/31/2019-Alibaba Group (NYSE:BABA) had its Outperform ➝ Outperform rating reiterated by Macquarie with a $224.00 price target
About Alibaba Group (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 Causeway Bay, Hong Kong.
Recent Trading Activity for Alibaba Group (NYSE:BABA)
Shares of Alibaba Group closed the previous trading session at 183,57 −5,35 2,83 % with 188.06 shares trading hands.