It seems Alibaba's stock trades with a discount. The majority of the analysts says the stock is attractive at this level. At this moment the company is being followed by 6 analysts. The recommendations for the stock contain no sells, no holds and no buys. The average target price (fair value) equals 225,6 USD. This is at around 53 percent more than the current price of 144,16 USD. Barclays , Morgan Stanley and ABN AMRO recently provided recommendations for the stock.
Alibaba's market capitalization is based on the number of outstanding shares around 363,87 billion USD. The Alibaba stock was the past 12 months quite volatile. Since last October the stock is 20 percent lower. This year the stock price moved between 135 and 212 dollar.
At 18.54 the stock trades 2,73 percent higher at 144,16 USD.
Analist.nl Nieuwsdienst: +31 084-0032-842
nieuws@analist.nl
Copyright analist.nl B.V.
All rights reserved. Any redistribution, duplication or archiving prohibited. Analist.nl doesn't warrant the accuracy of any News Content provided and shall not be liable for any errors, inaccuracies or for any actions taken in reliance thereon.