17.12% to Target, SunTrust Robinson Keeps Buy Rating for Alibaba Group (BABA) Stock; 7 Analysts Are Bullish Ardelyx (ARDX) Last Week

November 15, 2017 - By Vivian Park

Among 35 analysts covering Alibaba (NYSE:BABA), 33 have Buy rating, 1 Sell and 1 Hold. Therefore 94% are positive. Alibaba has $225.0 highest and $75 lowest target. $154.86’s average target is -13.63% below currents $179.3 stock price. Alibaba had 153 analyst reports since August 12, 2015 according to SRatingsIntel. The rating was maintained by Wedbush on Wednesday, January 25 with “Neutral”. The rating was maintained by Deutsche Bank with “Buy” on Monday, April 25. Nomura maintained the shares of BABA in report on Wednesday, August 12 with “Buy” rating. The rating was maintained by Robert W. Baird with “Buy” on Thursday, June 22. On Friday, August 14 the stock rating was maintained by UBS with “Buy”. The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned “Neutral” rating by Wedbush on Wednesday, August 12. The stock of Alibaba Group Holding Ltd (NYSE:BABA) earned “Outperform” rating by RBC Capital Markets on Thursday, August 13. On Wednesday, April 19 the stock rating was maintained by M Partners with “Buy”. The firm earned “Buy” rating on Thursday, October 20 by Needham. M Partners maintained the shares of BABA in report on Wednesday, August 23 with “Buy” rating.

Among 7 analysts covering Ardelyx Inc (NASDAQ:ARDX), 7 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Ardelyx Inc had 15 analyst reports since August 18, 2015 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, September 22 by BTIG Research. The firm earned “Buy” rating on Monday, August 28 by Cantor Fitzgerald. The rating was maintained by Wedbush on Thursday, October 12 with “Buy”. BTIG Research maintained it with “Buy” rating and $15.0 target in Friday, October 13 report. JMP Securities maintained the shares of ARDX in report on Wednesday, March 9 with “Market Outperform” rating. The stock of Ardelyx Inc (NASDAQ:ARDX) earned “Buy” rating by Cantor Fitzgerald on Wednesday, May 31. The stock of Ardelyx Inc (NASDAQ:ARDX) has “Overweight” rating given on Thursday, October 12 by Cantor Fitzgerald. As per Thursday, September 3, the company rating was maintained by Wedbush. The rating was maintained by Cantor Fitzgerald on Wednesday, August 9 with “Buy”. The firm earned “Buy” rating on Wednesday, August 10 by Citigroup. See Ardelyx Inc (NASDAQ:ARDX) latest ratings:

17/10/2017 Broker: Leerink Swann Rating: Buy New Target: $13.0
13/10/2017 Broker: BTIG Research Rating: Buy New Target: $15.0 Maintain
13/10/2017 Broker: Citigroup Rating: Buy Old Target: $14 New Target: $19 Maintain
12/10/2017 Broker: Wedbush Rating: Buy New Target: $16.0 Maintain
12/10/2017 Broker: Cantor Fitzgerald Rating: Overweight Old Target: $12 New Target: $14 Maintain
28/08/2017 Broker: Cantor Fitzgerald Rating: Buy Maintain
09/08/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $12.0000 Maintain
31/05/2017 Broker: Cantor Fitzgerald Rating: Buy New Target: $12.0000 Maintain

About 234,810 shares traded. Alibaba Group Holding Ltd (NYSE:BABA) has risen 57.33% since November 15, 2016 and is uptrending. It has outperformed by 40.63% the S&P500.

Alibaba Group Holding Limited is a holding company. The company has market cap of $465.59 billion. Through its subsidiaries, the Company is engaged in online and mobile commerce through offering of products, services and technology that enable merchants, brands and other businesses to transform the way they market, sell and operate in the People’s Republic of China and internationally. It has a 51.33 P/E ratio. The Company’s businesses consist of core commerce, cloud computing, mobile media and entertainment, and other innovation initiatives.

Analysts await Alibaba Group Holding Ltd (NYSE:BABA) to report earnings on January, 23. They expect $1.45 earnings per share, up 33.03% or $0.36 from last year’s $1.09 per share. BABA’s profit will be $3.77 billion for 30.91 P/E if the $1.45 EPS becomes a reality. After $1.02 actual earnings per share reported by Alibaba Group Holding Ltd for the previous quarter, Wall Street now forecasts 42.16% EPS growth.

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