Baozun Inc. (BZUN) Stock Price Up 1.6%

Baozun Inc. (NASDAQ:BZUN)’s share price rose 1.6% on Monday . The company traded as high as $35.98 and last traded at $32.86. Approximately 1,459,000 shares traded hands during trading, a decline of 23% from the average daily volume of 1,885,332 shares. The stock had previously closed at $32.33.

BZUN has been the topic of a number of recent analyst reports. Vetr downgraded shares of Baozun from a “strong-buy” rating to a “hold” rating and set a $37.25 target price on the stock. in a report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Baozun from a “sell” rating to a “buy” rating and set a $37.00 target price on the stock in a report on Tuesday, October 24th. BidaskClub downgraded shares of Baozun from a “strong-buy” rating to a “buy” rating in a report on Friday, August 4th. Citigroup Inc. began coverage on shares of Baozun in a report on Thursday, August 31st. They set a “buy” rating and a $38.00 target price on the stock. Finally, Bank of America Corporation upped their price objective on shares of Baozun from $34.00 to $38.00 and gave the company a “buy” rating in a report on Monday, September 11th. Two investment analysts have rated the stock with a hold rating, two have issued a buy rating and two have assigned a strong buy rating to the company. Baozun has a consensus rating of “Buy” and a consensus price target of $36.54.

The firm has a market cap of $1,870.00 and a price-to-earnings ratio of 96.19.

Baozun (NASDAQ:BZUN) last released its quarterly earnings data on Monday, August 21st. The technology company reported $0.08 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.09 by ($0.01). The company had revenue of $131.04 million during the quarter. Baozun had a net margin of 3.26% and a return on equity of 9.19%. analysts anticipate that Baozun Inc. will post 0.58 earnings per share for the current year.

Several institutional investors have recently made changes to their positions in the company. Global X Management Co. LLC boosted its position in shares of Baozun by 1.6% in the second quarter. Global X Management Co. LLC now owns 6,759 shares of the technology company’s stock valued at $150,000 after acquiring an additional 105 shares during the period. Veritable L.P. boosted its position in shares of Baozun by 1.1% in the second quarter. Veritable L.P. now owns 38,400 shares of the technology company’s stock valued at $851,000 after acquiring an additional 400 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of Baozun by 18.5% in the second quarter. Public Employees Retirement System of Ohio now owns 7,700 shares of the technology company’s stock valued at $171,000 after acquiring an additional 1,200 shares during the period. Citigroup Inc. boosted its position in shares of Baozun by 29.3% in the second quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after acquiring an additional 1,311 shares during the period. Finally, Credit Suisse AG boosted its position in shares of Baozun by 5.7% in the first quarter. Credit Suisse AG now owns 27,208 shares of the technology company’s stock valued at $406,000 after acquiring an additional 1,463 shares during the period. 37.51% of the stock is owned by institutional investors.

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Baozun Company Profile

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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