Alibaba Group Holding Ltd ADR buy Loop Capital
Start price
06.06.24
/
50%
€73.10
Target price
06.06.25
€105.59
Performance (%)
-5.04%
Price
05.07.24
€68.80
Summary
This prediction is currently active. With a performance of -5.04%, the BUY prediction by Loop_Capital is trending in the wrong direction. Dividends of €0.61 are taken into consideration when calculating the performance. This prediction currently runs until 06.06.25. The prediction end date can be changed by Loop_Capital at any time. Loop_Capital has 50% into this predictionAlibaba Group Holding Limited is a Chinese multinational technology company specializing in e-commerce, retail, Internet and technology. It was founded in 1999 by Jack Ma and is headquartered in Hangzhou, China. Alibaba operates through various segments, including e-commerce, cloud computing, digital media, and entertainment, as well as innovation initiatives and other ancillary businesses. Its e-commerce platforms facilitate consumer-to-consumer, business-to-consumer, and business-to-business transactions. The company's initial public offering (IPO) in 2014 was the largest in history, raising $25 billion in capital, and it is currently listed on the New York Stock Exchange under the symbol BABA.
Performance without dividends (%)
| Name | 1w |
|---|---|
| Alibaba Group Holding Ltd ADR | 2.229% |
| iShares Core DAX® | 1.395% |
| iShares Nasdaq 100 | 2.287% |
| iShares Nikkei 225® | 1.617% |
| iShares S&P 500 | 0.659% |
Comments by Loop_Capital for this prediction
In the thread Alibaba Group Holding Ltd ADR diskutieren
Alibaba Group Holding Limited (NYSE: BABA) had its price target raised by analysts at Loop Capital from $111.00 to $115.00. They now have a "buy" rating on the stock.
Ratings data for BABA provided by MarketBeat