@Mrzorro：KGI Securities Upgrades Alibaba Group (NYSE:BABA) to "Outperform" KGI Securities upgraded shares of $Alibaba(BABA)$ from a neutral rating to an outperform rating in a research report report published on Friday, The Fly reports. Other research analysts have also issued research reports about the company. Morgan Stanley lifted their price target on Alibaba Group from $100.00 to $150.00 and gave the stock an overweight rating in a research report on Monday, January 9th. HSBC cut their price target on Alibaba Group from $132.00 to $124.00 and set a buy rating on the stock in a research report on Friday, November 18th. Mizuho cut their price target on Alibaba Group from $160.00 to $155.00 and set a buy rating on the stock in a research report on Friday, November 18th. Benchmark dropped their target price on Alibaba Group from $206.00 to $180.00 and set a buy rating on the stock in a report on Friday, November 18th. Finally, Barclays boosted their target price on Alibaba Group from $114.00 to $141.00 and gave the company an overweight rating in a report on Wednesday, January 11th. One research analyst has rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of Buy and an average target price of $145.47. Alibaba Group Price Performance BABA stock opened at $89.00 on Friday. The business has a 50 day moving average price of $103.76 and a 200 day moving average price of $89.79. The stock has a market cap of $235.68 billion, a price-to-earnings ratio of 48.90, a PEG ratio of 1.77 and a beta of 0.61. Alibaba Group has a fifty-two week low of $58.01 and a fifty-two week high of $125.84. The company has a quick ratio of 1.77, a current ratio of 1.77 and a debt-to-equity ratio of 0.14. Several institutional investors and hedge funds have recently made changes to their positions in the stock. Morgan Stanley lifted its position in Alibaba Group by 1.1% during the fourth quarter. Morgan Stanley now owns 12,815,514 shares of the specialty retailer's stock worth $1,128,919,000 after buying an additional 142,563 shares during the period. Dodge & Cox lifted its position in Alibaba Group by 3.5% during the second quarter. Dodge & Cox now owns 12,333,870 shares of the specialty retailer's stock worth $1,402,114,000 after buying an additional 413,600 shares during the period. GQG Partners LLC purchased a new position in Alibaba Group during the second quarter worth about $1,363,357,000. Price T Rowe Associates Inc. MD lifted its position in Alibaba Group by 15.9% during the third quarter. Price T Rowe Associates Inc. MD now owns 11,568,760 shares of the specialty retailer's stock worth $927,438,000 after buying an additional 1,588,857 shares during the period. Finally, Temasek Holdings Private Ltd lifted its position in Alibaba Group by 1.4% during the third quarter. Temasek Holdings Private Ltd now owns 9,210,997 shares of the specialty retailer's stock worth $736,788,000 after buying an additional 127,000 shares during the period. 13.86% of the stock is currently owned by hedge funds and other institutional investors. @TigerStars @Daily_Discussion Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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