Baozun (NASDAQ:BZUN) Rating Increased to Buy at StockNews.com

StockNews.com upgraded shares of Baozun (NASDAQ:BZUN) from a hold rating to a buy rating in a research note issued to investors on Sunday.

Separately, Citigroup lifted their target price on shares of Baozun from $3.90 to $4.20 and gave the stock a “buy” rating in a research note on Tuesday, November 26th.

Baozun Price Performance

Shares of NASDAQ BZUN opened at $3.75 on Friday. The firm’s 50-day moving average is $3.05 and its two-hundred day moving average is $2.86. Baozun has a 12-month low of $2.11 and a 12-month high of $4.38. The company has a market capitalization of $230.85 million, a PE ratio of -6.94 and a beta of 0.32.

Baozun (NASDAQ:BZUN) last announced its earnings results on Thursday, November 21st. The technology company reported ($0.21) EPS for the quarter. Baozun had a negative net margin of 2.55% and a negative return on equity of 5.58%.

Institutional Investors Weigh In On Baozun

A number of large investors have recently added to or reduced their stakes in BZUN. Wolverine Trading LLC boosted its holdings in Baozun by 42.5% in the third quarter. Wolverine Trading LLC now owns 15,228 shares of the technology company’s stock valued at $52,000 after purchasing an additional 4,545 shares during the last quarter. Dimensional Fund Advisors LP raised its position in shares of Baozun by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company’s stock valued at $1,628,000 after purchasing an additional 5,915 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Baozun by 138.8% during the 4th quarter. Tower Research Capital LLC TRC now owns 11,651 shares of the technology company’s stock valued at $32,000 after buying an additional 6,772 shares during the last quarter. QRG Capital Management Inc. grew its position in shares of Baozun by 50.8% during the fourth quarter. QRG Capital Management Inc. now owns 21,092 shares of the technology company’s stock worth $57,000 after buying an additional 7,108 shares in the last quarter. Finally, New York State Common Retirement Fund increased its stake in shares of Baozun by 95.5% in the fourth quarter. New York State Common Retirement Fund now owns 23,914 shares of the technology company’s stock worth $65,000 after buying an additional 11,683 shares during the last quarter. 47.29% of the stock is owned by institutional investors and hedge funds.

Baozun Company Profile

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.