It seems Alibaba's stock trades with a discount. The majority of the analysts says the stock Alibaba is low priced. Currently the company is being followed by 11 researchers. The recommendations are: 1 times sell, 4 times hold and no buys. The average of the target prices for the stock equals 17,73 USD. This is around 22 percent more than the current price of 150,44 USD. The most recent recommendations for the internet company are from DeGroof Petercam, Barclays and Kepler Capital Markets.
Alibaba's market capitalization is based on the number of outstanding shares around 379,73 billion USD. The Alibaba stock was the past 12 months quite unstable. Since last November the stock is 17 percent lower. This year the stock price moved between 130 and 212 dollar.
At 17.46 the stock trades 2,13 percent higher at 150,44 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.