Wall Street Analysts Think JD.com (JD) Could Surge 48.61%: Read This Before Placing a Bet

Shares of JD.com, Inc. (JD) have gained 1.2% over the past four weeks to close the last trading session at $26.64, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of$39.59 indicates a potential upside of 48.6%.The mean estimate comprises 17 short-term price targets with a standard deviation of $9.46. While the lowest estimate of$28 indicates a 5.1% increase from the current price ...