Nomura Reiterates "Buy" Rating for Alibaba Group (BABA)

The stock increased 3.05% or $0.23 during the last trading session, reaching $7.78. About 1.48M shares traded or 5.22% up from the average. (OTCMKTS:RBIZ) has 0.00% since January 12, 2017 and is. It has underperformed by 18.74% the S&P500. First Eagle Investment Management LLC acquired a new stake in shares of Alibaba Group in the third quarter worth $104,000.

Among 37 analysts covering Alibaba (NYSE:BABA), 35 have Buy rating, 1 Sell and 1 Hold. Financial Partners Capital Management LLC now owns 4,715 shares of the specialty retailer's stock valued at $664,000 after buying an additional 100 shares during the last quarter. Arga Investment Management Lp who had been investing in Alibaba Group Holding for a number of months, seems to be less bullish one the $481.84 billion market cap company. About 2.11 million shares traded. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Accumulate" rating by Standpoint Research on Monday, January 9. It has outperformed by 40.33% the S&P500. (NYSE:HBI) on Thursday, November 2 with "Hold" rating. The stock price of GSS is moving up from its 20 days moving average with 1.63% and isolated positively from 50 days moving average with 3.26%. Lamb Weston had 5 analyst reports since November 16, 2016 according to SRatingsIntel. Credit Suisse maintained the stock with "Outperform" rating in Friday, May 6 report. The firm has "Market Perform" rating by Cowen & Co given on Friday, September 16. Pareto upgraded the shares of LPG in report on Wednesday, March 1 to "Hold" rating. As per Monday, August 14, the company rating was maintained by RBC Capital Markets. The stock now has a consensus rating of "Buy" and a consensus price target of $186.06. The firm has "Hold" rating by Jefferies given on Friday, December 1. Old Mutual Customised Solutions (Proprietary) Limited owns 1,200 shares. Rdl Fin has 12,791 shares for 0.33% of their portfolio. 118.19 million shares or 0.61% less from 118.92 million shares in 2017Q2 were reported.

Investors sentiment increased to 1.1 in Q3 2017. The company has a current ratio of 1.71, a quick ratio of 1.71 and a debt-to-equity ratio of 0.21. 31 funds opened positions while 87 raised stakes. Legal And General Public Limited Liability Company owns 44,048 shares for 0% of their portfolio. New Mexico Educational Retirement Board has invested 0.01% of its portfolio in American Assets Trust, Inc. Livforsakringsbolaget Skandia Omsesidigt accumulated 0.03% or 9,800 shares. Horizon Kinetics Llc owns 118,621 shares or 0.04% of their United States portfolio. Raymond James Services Advsr Incorporated reported 0.02% in Sunoco LP (NYSE:SUN). Fincl Bank Of Montreal Can owns 8,830 shares. Zweig has invested 1.52% in FMC Corporation (NYSE:FMC). Ls Advsrs Ltd Com reported 0.05% in Citizens Financial Group, Inc.

Css Llc decreased Alibaba Group Hldg Ltd (Call) (BABA) stake by 91.07% reported in 2017Q3 SEC filing.


Several other institutional investors and hedge funds also recently added to or reduced their stakes in BABA. One research analyst has rated the stock with a sell rating, two have issued a hold rating, thirty-three have issued a buy rating and two have issued a strong buy rating to the stock. Therefore 36% are positive. Alibaba had 157 analyst reports since August 12, 2015 according to SRatingsIntel. The stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Buy" rating by KeyBanc Capital Markets on Thursday, October 19. (NYSE:DNOW) has "Buy" rating given on Thursday, May 4 by Seaport Global. The rating was maintained by Canaccord Genuity with "Buy" on Wednesday, April 12. Morgan Stanley maintained the stock with "Overweight" rating in Monday, January 25 report. The stock has "Outperform" rating by RBC Capital Markets on Friday, August 18. The company was downgraded on Thursday, August 13 by Atlantic Securities.

Thomas White International Ltd, which manages about $2.28B and $572.21M US Long portfolio, upped its stake in Wns Holdings Ltd Adr (NYSE:WNS) by 24,591 shares to 94,510 shares, valued at $3.45 million in 2017Q3, according to the filing. (NYSE:CFG). Oskie Mngmt Ltd Liability Company, New York-based fund reported 78,742 shares.

Analysts await Alibaba Group Holding Limited (NYSE:BABA) to report earnings on January, 23. (NYSE:AAT) to report $0.54 EPS on February, 13.They anticipate $0.06 EPS change or 12.50% from last quarter's $0.48 EPS. BABA attains analyst recommendation of 1.70 with week's performance of 3.15%. After $0.60 actual EPS reported by Hanesbrands Inc. for the previous quarter, Wall Street now forecasts -13.33% negative EPS growth.

- Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related Articles

  • Paisley holds one-shot lead in SA Open

    Paisley holds one-shot lead in SA Open

    Chris Paisley leads by a shot from home favorite Branden Grace going into the final round of the South African Open . Of the five former Major winners in the field, South Africans Retief Goosen and Charl Schwartzel did best with 69s.
    Dark Souls Remastered upgraded for PS4 Pro, Xbox One X, PC

    Dark Souls Remastered upgraded for PS4 Pro, Xbox One X, PC

    It's the little things like these that make the Switch version of Dark Souls feel less appealing. The Switch version will run at a 1080p/30fps in docked mode and 720p/30fps in handheld mode.
    California mudslide death toll has risen to 17 with many missing

    California mudslide death toll has risen to 17 with many missing

    About a half inch per hour is enough to start mudslides , said Robbie Monroe of the National Weather Service in Oxnard. At least 13 people have died after mudslides in Southern California , the Los Angeles Times reports.
  • Man United boss Jose Mourinho gives big Zlatan Ibrahimovic update

    Man United boss Jose Mourinho gives big Zlatan Ibrahimovic update

    Manchester United manager, Jose Mourinho , has given the clearest indication he could be after Arsenal forward, Alexis Sanchez . Now, the Portuguese boss has set a time frame on for when he should return to training.
    È razzista, incompetente e bugiardo

    È razzista, incompetente e bugiardo

    Intanto Trump ha annullato la visita in Gran Bretagna in programma a febbraio per inaugurare la nuova ambasciata Usa a Londra. Cosi' Hillary Clinton su Twitter commenta le parole di Donald Trump sugli immigrati da Haiti .
    Bishops 'encouraged' by consensus that DACA solution 'urgently needed'

    Bishops 'encouraged' by consensus that DACA solution 'urgently needed'

    But conservatives have been pressing him to stand behind their efforts to curtail new immigration . We don't need a wall where you have rivers and mountains and everything else protecting it.
  • Burning Stock on the move: Exxon Mobil Corporation (NYSE:XOM)

    Burning Stock on the move: Exxon Mobil Corporation (NYSE:XOM)

    Pineno Levin & Ford Asset Mngmt holds 1.86% of its portfolio in Exxon Mobil Corporation (NYSE: XOM ) for 49,399 shares. The stock has a market capitalization of $368,330.00, a PE ratio of 28.32, a PEG ratio of 1.42 and a beta of 0.82.

    Wells Fargo & Company (WFC) Shares Sold by Willingdon Wealth Management

    The Connor Clark & Lunn Investment Management Ltd holds 171,878 shares with $24.36 million value, up from 139,903 last quarter. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business.

    QUALCOMM, Inc. (QCOM) Shares Sold by Gs Investments Inc

    The stock of QUALCOMM Incorporated (NASDAQ: QCOM ) earned "Hold" rating by RBC Capital Markets on Thursday, August 24. Montag & Caldwell Ltd Liability Company reported 0.01% of its portfolio in QUALCOMM Incorporated (NASDAQ: QCOM ).
  • Eddie Hearn: We're ready to negotiate Anthony Joshua vs. Tyson Fury bout

    Eddie Hearn: We're ready to negotiate Anthony Joshua vs. Tyson Fury bout

    To do that he has to beat Parker and Wilder. "We are very close". It's not even in question for them", he told Sky Sports .
    Trump Gets 'Excellent Health' Report from Physician

    Trump Gets 'Excellent Health' Report from Physician

    President Donald Trump granted Iran sanctions relief to give Tehran "1 last chance to see if we can change their behavior". But Trump has now left little to no doubt that the real animating impulse is the latter.
    Trump asked why 'pretty Korean lady' analyst wasn't negotiating with North Korea

    Trump asked why 'pretty Korean lady' analyst wasn't negotiating with North Korea

    The analyst, whose name has been withheld and is an expert in hostage policy, replied that she was originally from New York City. Carson, the only black member of Trump's Cabinet, had never served in Congress and spent his career as a surgeon.