BidaskClub upgraded shares of Baozun (NASDAQ:BZUN) from a hold rating to a buy rating in a report released on Tuesday, January 9th.
Several other equities research analysts have also recently commented on the stock. Bank of America boosted their price target on shares of Baozun from $34.00 to $38.00 and gave the stock a buy rating in a research report on Monday, September 11th. Vetr upgraded Baozun from a buy rating to a strong-buy rating and set a $39.10 price objective on the stock in a report on Monday, October 9th. Finally, Zacks Investment Research downgraded Baozun from a hold rating to a sell rating in a report on Tuesday, November 28th. One research analyst has rated the stock with a sell rating, two have given a hold rating and three have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $35.79.
Shares of Baozun (BZUN) opened at $36.55 on Tuesday. The firm has a market cap of $1,990.00 and a PE ratio of 110.76. Baozun has a 1-year low of $12.83 and a 1-year high of $40.65.
Baozun (NASDAQ:BZUN) last posted its quarterly earnings data on Tuesday, November 21st. The technology company reported $0.06 earnings per share for the quarter. Baozun had a net margin of 3.20% and a return on equity of 8.72%. research analysts predict that Baozun will post 0.55 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the business. Tairen Capital Ltd grew its stake in Baozun by 94.6% during the 2nd quarter. Tairen Capital Ltd now owns 1,777,650 shares of the technology company’s stock valued at $21,456,000 after acquiring an additional 864,041 shares in the last quarter. TB Alternative Assets Ltd. purchased a new position in Baozun during the 3rd quarter valued at about $44,810,000. WIM Asset Management HK Ltd purchased a new position in Baozun during the 4th quarter valued at about $30,651,000. Ariose Capital Management Ltd purchased a new position in Baozun during the 3rd quarter valued at about $30,886,000. Finally, Harvest Fund Management Co. Ltd grew its stake in Baozun by 78.2% during the 2nd quarter. Harvest Fund Management Co. Ltd now owns 790,142 shares of the technology company’s stock valued at $17,517,000 after acquiring an additional 346,861 shares in the last quarter. 38.35% of the stock is currently owned by institutional investors.
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Baozun Inc is a brand e-commerce solutions company. The Company is engaged in providing end-to-end e-commerce solutions, including the sales of apparel, home and electronic products, online store design and setup, visual merchandising and marketing, online store operations, customer services, warehousing and order fulfillment.
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