KeyBanc Reiterates a Buy Rating on

By Austin Angelo

In a report released yesterday, Hans Chung from KeyBanc reiterated a Buy rating on (NASDAQ: JD), with a price target of $51. The company’s shares closed yesterday at $41.34.

According to, Chung is a 2-star analyst with an average return of 2.5% and a 64.3% success rate. Chung covers the Services sector, focusing on stocks such as TripAdvisor Inc, Alibaba Group, and Ctripcom.

Currently, the analyst consensus on is Strong Buy and the average price target is $48.64, representing a 17.7% upside.

In a report issued on October 30, UBS also upgraded the stock to Buy with a $48 price target.

The company has a one-year high of $48.99 and a one-year low of $23.38. Currently, has an average volume of 15.8M.

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