alibaba target price
Where will Alibaba Group's stock price be in 2018? 33 Wall Street analysts have issued 12 month price targets for Alibaba Group's stock. Their forecasts range from $100.00 to $245.00. On average, they expect Alibaba Group's share price to reach $186.45 in the next year. View Analyst Ratings for Alibaba Group. Are investors shorting Alibaba Group? 33 equities research analysts have issued 1 year target prices for Alibaba Group Holding Limited's stock. Their forecasts range from $100.00 to $220.00. On average, they anticipate Alibaba Group Holding Limited's stock price to reach $165.64 in the next year. View Analyst Ratings for Alibaba Group Holding Limited. Alibaba shares gained 2.5% to close at 187.84 on the stock market today. Its shares have more than doubled this year. Alibaba scored several price-target hikes Friday, following its quarterly report on Thursday that beat expectations as it raised fourth-quarter guidance. Alibaba has received several price-target hikes, following its quarterly report that beat expectations as it raised fourth-quarter guidance. Alibaba has received several price-target hikes, following its quarterly report that beat expectations as it raised fourth-quarter guidance. Alibaba Group Holding Limited trades on the New York Stock Exchange (NYSE) under the ticker symbol BABA.. Alibaba Group Holding Limited announced that its board has approved a share buyback plan on Sunday, June 4th 2017, which permits the company to repurchase $6,000,000,000.00 in shares, according to EventVestor. What is Alibaba Group's stock price today? One share of Alibaba Group stock can currently be purchased for approximately $182.40. How big of a company is Alibaba Group? China e-commerce leader Alibaba on Monday received a price-target hike from Oppenheimer, following a quarterly report that was roundly applauded by Wall Street with a bullish view on the company's cloud computing operations. With a closing price of $88.26 Monday, BABA is still up 29.8% from its offer price. Alibaba stock has also gained 2.8% in the last five trading sessions. The new analyst price targets represent gains of 27%, 25%, and 13.3% from Monday's close. But investors can expect more profits than that. Three new Alibaba (NYSE: BABA) stock price targets have been initiated. While they're all bullish, they underestimate Alibaba's potential. Three new Alibaba (NYSE: BABA) stock price targets have been initiated. Last week, Bank of America Merrill Lynch, Brean Capital, and UBS all initiated coverage of Alibaba Group Holding Ltd. (NYSE: BABA) with Buy ratings and price targets of $112, $110, and $100, respectively. And while those BABA stock price targets are bullish, they're all off the mark. Alibaba stock is headed much higher than that. Admittedly, BABA's first month has been quiet. On Alibaba's first day of trading, shares climbed as high as $99.70, but the stock quickly settled down.
The target price of Alibaba is $165.64.