What 10 Analyst Ratings Have To Say About Alibaba Group Holding

Loading...
Loading...

Over the past 3 months, 10 analysts have published their opinion on Alibaba Group Holding BABA stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 7 3 0 0 0
Last 30D 6 0 0 0 0
1M Ago 1 1 0 0 0
2M Ago 0 2 0 0 0
3M Ago 0 0 0 0 0

These 10 analysts have an average price target of $134.2 versus the current price of Alibaba Group Holding at $81.52, implying upside.

Below is a summary of how these 10 analysts rated Alibaba Group Holding over the past 3 months. The greater the number of bullish ratings, the more positive analysts are on the stock and the greater the number of bearish ratings, the more negative analysts are on the stock

This current average has decreased by 9.32% from the previous average price target of $148.00.

Stay up to date on Alibaba Group Holding analyst ratings.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Loading...
Loading...
date
▲▼
ticker
▲▼
name
▲▼
Price Target
▲▼
Upside/Downside
▲▼
Recommendation
▲▼
Firm
▲▼
Posted In: Analyst RatingsBZI-AAR
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...