How does Alibaba Group Holding Ltd

0

Analysts who follow Alibaba Group Holding Ltd – ADR (BABA) expect an average increase of 95.90% over the next twelve months. These same analysts give the stock an average Strong Buy rating. This average rating gives BABA an analyst rank of 64, meaning it ranks higher than 64 of stocks, based on data compiled by Investors Observer.

Wall Street analysts rate BABA as a strong buy today. Find out what this means to you and get the rest of the leaderboard on BABA!

Why are analyst ratings important?

You can learn a lot about a business by looking at its financial statements and comparing them to other businesses. Analysts who cover an industry in depth, however, can add even more to your research. They usually follow a particular sector or industry very closely. They also pay attention and ask about income conference calls and other events where they might learn information that shows up in the numbers.

Investors Observer takes the average score of these analysts, then the percentile ranks these averages. This allows you to compare stocks much more accurately than just seeing the typical five-level rating system used on most Wall Street.

What’s going on with Alibaba Group Holding Ltd – ADR Stock Today?

Alibaba Group Holding Ltd – ADR (BABA) stock is trading at $ 133.87 on Tuesday, November 23 at 2:47 p.m., a loss of $ -2.75, or -2.01% from the closing price previous $ 136.62. The stock has traded between $ 133.31 and $ 136.85 so far today. Volume today is 17,108,810 compared to the average volume of 20,022,924. Click here for the full stock report for Alibaba Group Holding Ltd – ADR stock.

Share.

Comments are closed.