Alibaba Group Holding Ltd (NYSE:BABA) Rises 0.59% Pre-Market

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04 August, 2017

BABA's profit will be $1.82 billion for 53.39 P/E if the $0.71 EPS becomes a reality. Bank of America Corporation reiterated a "buy" rating and issued a $161.00 price objective (up from $144.00) on shares of Alibaba Group Holding Limited in a research report on Sunday, June 11th. 4,080,458 shares of the stock traded hands.

Heading into the stock price potential, Alibaba Group Holding Limited needs to grow just 10.88% to cross its median price target of $170. It has outperformed by 40.63% the S&P500.

Blackrock Japan Company Ltd decreased Alibaba Group Hldg Ltd (BABA) stake by 1.84% reported in 2016Q4 SEC filing. About shares traded. Depomed Inc (NASDAQ:DEPO) has declined 46.86% since August 4, 2016 and is downtrending. Inc. now owns 1,360 shares of the specialty retailer's stock worth $147,000 after buying an additional 125 shares during the last quarter. Biocryst Pharmaceuticals (Call) now has $411.75M valuation. Thanks to a rise of nearly 0.46% in the past five days, the stock price is now down -30.28% so far on the year - still in weak territory.

Fil Ltd increased Autoliv Inc (NYSE:ALV) stake by 24,513 shares to 252,467 valued at $28.57 million in 2016Q4. It has outperformed by 29.75% the S&P500. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating, thirty-three have assigned a buy rating and two have assigned a strong buy rating to the stock. Therefore 28% are positive. Alibaba had 115 analyst reports since August 12, 2015 according to SRatingsIntel. Barclays PLC lifted their target price on Alibaba Group Holding Limited from $130.00 to $132.00 and gave the stock an "overweight" rating in a report on Wednesday, May 10th. The firm has "Overweight" rating by JP Morgan given on Wednesday, August 31. The company was maintained on Wednesday, August 12 by Cantor Fitzgerald. The firm earned "Reduce" rating on Thursday, April 20 by Standpoint Research. Zacks Investment Research upgraded shares of Alibaba Group Holding Limited from a "hold" rating to a "strong-buy" rating and set a $157.00 price objective on the stock in a research report on Thursday, June 15th. Wilbanks Smith & Thomas Asset Management LLC boosted its position in shares of Alibaba Group Holding Limited by 0.9% in the first quarter. The company's 3-months average volume stands at 17.51 million.

The PE ratio of 60.87 helps investors explore how much they should pay for a stock based on its current earnings. The Company's businesses consist of core commerce, cloud computing, mobile media and entertainment, and other innovation initiatives.

It is down 0.00% since August 4, 2016 and is. Its up 0.09, from 0.91 in 2016Q3.

BABA's average Beneish M-Score: -1.31 during the last 7 years. 38 funds opened positions while 58 raised stakes. 69,300 are owned by New York State Common Retirement Fund. Moreover, Sg Capital Management Llc has 2.15% invested in the company for 481,446 shares. The Missouri-based Piermont Capital Management Inc. has invested 0.79% in the stock. Cetera Advsrs Ltd Liability stated it has 0.04% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) or 2,500 shares. 210.22 million shares or 1.97% more from 206.16 million shares in 2016Q3 were reported. Now the P/E of Alibaba Group Holding Limited (BABA) stands at 60.87. Cameco had 11 analyst reports since August 6, 2015 according to SRatingsIntel. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. Robert W. Baird raised their target price on shares of Alibaba Group Holding Limited from $135.00 to $170.00 and gave the company an "outperform" rating in a report on Monday, June 12th. The stock has "Hold" rating by Jefferies on Friday, August 5. The rating was maintained by M Partners on Friday, October 30 with "Buy". Oppenheimer maintained the shares of BABA in report on Thursday, September 17 with "Outperform" rating. The rating was maintained by Noble Financial with "Buy" on Friday, May 26. The stock has "Buy" rating by Stifel Nicolaus on Monday, July 10.

Analysts await BioCryst Pharmaceuticals, Inc. Businesswire.com's article titled: "The GEO Group Announces Date for Second Quarter 2017 Earnings Release and ..." and published on August 01, 2017 is yet another important article. They expect $0.71 EPS, up 36.54% or $0.19 from last year's $0.52 per share.

Alibaba Group Holding Limited (BABA) traded up 0.20% during midday trading on Friday, hitting $153.62.

Since January 1, 0001, it had 0 buys, and 7 sales for $1.23 million activity.

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