Baozun (BZUN) Upgraded to Buy at BidaskClub

Baozun (NASDAQ:BZUN) was upgraded by stock analysts at BidaskClub from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other equities analysts have also issued reports on the company. ValuEngine lowered Baozun from a “buy” rating to a “hold” rating in a report on Monday, November 12th. Zacks Investment Research lowered Baozun from a “hold” rating to a “strong sell” rating in a report on Tuesday, November 27th. Two investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. Baozun currently has a consensus rating of “Buy” and an average target price of $50.71.

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Shares of BZUN stock opened at $37.06 on Thursday. Baozun has a 12-month low of $27.81 and a 12-month high of $67.41. The company has a market capitalization of $2.05 billion, a P/E ratio of 63.76 and a beta of 3.21. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.01 and a quick ratio of 1.57.

A number of hedge funds have recently modified their holdings of BZUN. Quantamental Technologies LLC bought a new position in Baozun in the 4th quarter worth approximately $47,000. Daiwa SB Investments Ltd. bought a new position in Baozun in the 4th quarter worth approximately $117,000. Oppenheimer Asset Management Inc. acquired a new stake in Baozun in the fourth quarter worth approximately $136,000. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. lifted its position in Baozun by 13.5% in the fourth quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 5,057 shares of the technology company’s stock worth $143,000 after purchasing an additional 600 shares during the period. Finally, Financial Advocates Investment Management lifted its position in Baozun by 23.6% in the fourth quarter. Financial Advocates Investment Management now owns 2,225 shares of the technology company’s stock worth $159,000 after purchasing an additional 425 shares during the period. 54.02% of the stock is owned by institutional investors and hedge funds.

Baozun Company Profile

Baozun Inc provides e-commerce solutions for brand partners in the People's Republic of China. It offers end-to-end e-commerce solutions, including IT infrastructure setup and integration, online store design and setup, store operations, visual merchandizing and marketing campaigns, customer services, warehousing, and order fulfillment.

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