Media stories about Alibaba Group (NYSE:BABA) have trended somewhat positive this week, Accern Sentiment reports. Accern identifies negative and positive news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Alibaba Group earned a media sentiment score of 0.25 on Accern’s scale. Accern also gave news coverage about the specialty retailer an impact score of 45.8964063707955 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Here are some of the media stories that may have effected Accern’s analysis:
- Review of Financial analysis: Alibaba Group Holding Limited (NYSE:BABA), ChinaNet Online Holdings, Inc. (NASDAQ … (thestreetpoint.com)
- Complimentary morning Stocks: Alibaba Group Holding Limited (NYSE:BABA), Discovery, Inc. (NASDAQ:DISCA) (thestreetpoint.com)
- Are Alibaba Group Holding Limited (BABA) and Concho Resources Inc. (CXO) Knocking out the Competition? (nmsunews.com)
- Trader’s should divert their intention on these Stocks : Alibaba Group Holding Limited (NYSE:BABA), HD Supply … (journalfinance.net)
- Alibaba boss set to reveal EEC plans (nationmultimedia.com)
A number of brokerages recently issued reports on BABA. Morgan Stanley set a $250.00 target price on Alibaba Group and gave the company a “buy” rating in a research report on Monday, January 29th. Deutsche Bank set a $204.00 target price on Alibaba Group and gave the company a “buy” rating in a research report on Thursday, April 5th. KeyCorp lifted their target price on Alibaba Group from $210.00 to $230.00 and gave the company an “overweight” rating in a research report on Friday, January 26th. Stifel Nicolaus lifted their target price on Alibaba Group from $230.00 to $260.00 and gave the company a “buy” rating in a research report on Friday, February 2nd. Finally, Raymond James Financial lifted their target price on Alibaba Group to $240.00 and gave the company a “strong-buy” rating in a research report on Friday, February 2nd. One research analyst has rated the stock with a sell rating, one has given a hold rating, thirty have given a buy rating and two have assigned a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of $213.26.
Alibaba Group (NYSE:BABA) last issued its earnings results on Thursday, February 1st. The specialty retailer reported $1.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.42 by ($0.08). Alibaba Group had a return on equity of 17.61% and a net margin of 29.57%. The business had revenue of $12.76 billion for the quarter, compared to the consensus estimate of $12.36 billion. During the same quarter in the prior year, the firm posted $1.30 earnings per share. analysts predict that Alibaba Group will post 4.01 EPS for the current fiscal year.
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Alibaba Group Company Profile
Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce company in the People's Republic of China and internationally. The company operates in four segments: Core Commerce, Cloud Computing, Digital Media and Entertainment, and Innovation Initiatives and Others.
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