Alibaba Group (BABA) Given a $220.00 Price Target at Barclays

Marco Green
April 22, 2018

At the end of 2017Q4, the institutional investor held 217,300 shares of the business services company, valued at $37.47 million, down from 253,600 at the end of the previous reported quarter.

Alibaba Group Holding Limited, through its subsidiaries, operates as an online and mobile commerce firm in the People's Republic of China and internationally.The company has $460.22 billion market cap. The stock decreased 1.70% or $3.08 during the last trading session, reaching $178.31. About 4,540 shares traded.

Investors expect Alibaba Group Holding Limited (NYSE:BABA)'s quarterly earnings on May, 4 before the open., Faxor reports. BABA outperformed the S&P500 by 56.74%.

Natixis decreased Regions Finl Corp New (RF) stake by 70.55% reported in 2017Q4 SEC filing. (NASDAQ:AAPL) by 5,000 shares to 9,500 shares, valued at $1.61 million in 2017Q4, according to the filing. The company has a current ratio of 1.97, a quick ratio of 1.97 and a debt-to-equity ratio of 0.29. The stock decreased 0.13% or $0.01548 during the last trading session, reaching $11.80095. 14,472,808 shares of the company were exchanged, compared to its average volume of 19,847,605. Detour Gold Corporation (OTCMKTS:DRGDF) has 0.00% since April 20, 2017 and is. It has outperformed by 23.78% the S&P500.

Lombard Odier Asset Management Switzerland Sa manages about $1.03B US Long portfolio. It also reduced its holding in Spdr Gold Trust (Call) (GLD) by 618,000 shares in the quarter, leaving it with 22,000 shares, and cut its stake in Weight Watchers Intl Inc New (NYSE:WTW). On Monday, January 15 the stock of Alibaba Group Holding Limited (NYSE:BABA) earned "Buy" rating by Jefferies. Therefore 100% are positive. 27 are the (NYSE:BABA)'s ratings reports on 21 April 2018 according to StockzIntelligence Inc. One investment analyst has rated the stock with a hold rating, thirty have given a buy rating and two have issued a strong buy rating to the stock. The company rating was maintained by Jefferies on Friday, February 2. On Monday, February 5 the stock has "Buy" rating by Bernstein. The company was maintained on Thursday, November 30 by Tigress Financial.

Among 17 analysts covering Alibaba Group Holding Ltd (NYSE:BABA), 17 have Buy rating, 0 Sell and 0 Hold. The stock has "Hold" rating by BMO Capital Markets on Tuesday, January 9. The company has a market capitalization of $464,567.72, a PE ratio of 71.36, a price-to-earnings-growth ratio of 1.09 and a beta of 2.52. Robert W. Baird maintained Alibaba Group Holding Limited (NYSE:BABA) rating on Tuesday, October 17. The firm has "Buy" rating given on Friday, February 2 by Raymond James.

Since February 27, 2018, it had 0 insider purchases, and 6 sales for $4.97 million activity. Gerspach John C sold 7,000 shares worth $542,920. MURRAY JOSEPH MICHAEL sold 3,400 shares worth $263,126. (NYSE:ROP) shares were sold by WRIGHT CHRISTOPHER. Lenox Wealth Advisors Inc. now owns 602 shares of the specialty retailer's stock worth $104,000 after purchasing an additional 580 shares in the last quarter.

Investors sentiment increased to 0.96 in 2017 Q4. Its down 0.32, from 1.28 in 2017Q3. GHP Investment Advisors Inc. bought a new stake in shares of Alibaba Group Holding during the third quarter valued at about $243,000. Drw Securities Lc, a Illinois-based fund reported 16,248 shares. (NYSE:PX). Wesbanco Natl Bank reported 0.02% stake. Vanguard invested in 0.05% or 6.37 million shares.

NYSE:BABA opened at $179.11 on Thursday. Silicom Ltd. (SILC) has $280.47M valuation. (NYSE:PX). Weitz Mgmt Inc invested 1.31% of its portfolio in Praxair, Inc. Intact Invest Management holds 0.01% of its portfolio in Roper Technologies, Inc. By buying 184,755 shares Emerging Sovereign Group Llc made the stock popped up with 3.18%. Nordea Ab has invested 0.01% in The Children's Place, Inc. 184,826 were reported by Polaris Greystone Gru Limited Liability. Commonwealth Of Pennsylvania Pub School Empls Retrmt owns 9,156 shares for 0.03% of their portfolio.

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