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Wall Street Analysts See a 52.09% Upside in JD.com (JD): Can the Stock Really Move This High?
JDJD(JD) ZACKS·2024-09-09 14:56

JD.com, Inc. (JD) closed the last trading session at $26.07, gaining 0.7% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $39.65 indicates a 52.1% upside potential.The mean estimate comprises 17 short-term price targets with a standard deviation of $9.46. While the lowest estimate of $28 indicates a 7.4% increase from the current price level, the most optimistic analyst expects the ...