Baozun Inc. (BZUN) Upgraded by Vetr Inc. to “Strong-Buy”

Vetr upgraded shares of Baozun Inc. (NASDAQ:BZUN) from a buy rating to a strong-buy rating in a research note issued to investors on Tuesday. They currently have $39.68 price objective on the technology company’s stock.

Several other equities analysts have also recently commented on the stock. Citigroup Inc. initiated coverage on shares of Baozun in a research report on Thursday, August 31st. They set a buy rating and a $38.00 target price on the stock. Zacks Investment Research raised shares of Baozun from a hold rating to a buy rating and set a $38.00 target price on the stock in a research report on Tuesday, July 25th. Bank of America Corporation lifted their target price on shares of Baozun from $34.00 to $38.00 and gave the stock a buy rating in a research report on Monday, September 11th. Finally, BidaskClub raised shares of Baozun from a hold rating to a buy rating in a research report on Saturday, July 8th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average price target of $37.34.

Shares of Baozun (BZUN) opened at 35.22 on Tuesday. Baozun has a 52-week low of $10.87 and a 52-week high of $40.65.

Baozun (NASDAQ:BZUN) last posted its earnings results 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). Baozun had a return on equity of 9.19% and a net margin of 3.26%. The firm had revenue of $131.04 million for the quarter. On average, equities analysts anticipate that Baozun will post $0.69 earnings per share for the current fiscal year.

WARNING: “Baozun Inc. (BZUN) Upgraded by Vetr Inc. to “Strong-Buy”” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/18/baozun-inc-bzun-upgraded-by-vetr-inc-to-strong-buy.html.

Large investors have recently made changes to their positions in the business. Sei Investments Co. boosted its holdings in Baozun by 24.3% in the 1st quarter. Sei Investments Co. now owns 7,024 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,373 shares during the period. Citigroup Inc. boosted its holdings in Baozun by 29.3% in the 2nd quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after purchasing an additional 1,311 shares during the period. Global X Management Co. LLC boosted its holdings in Baozun by 1.6% in the 2nd quarter. Global X Management Co. LLC now owns 6,759 shares of the technology company’s stock valued at $150,000 after purchasing an additional 105 shares during the period. Public Employ

Several other equities analysts have also recently commented on the stock. Citigroup Inc. initiated coverage on shares of Baozun in a research report on Thursday, August 31st. They set a buy rating and a $38.00 target price on the stock. Zacks Investment Research raised shares of Baozun from a hold rating to a buy rating and set a $38.00 target price on the stock in a research report on Tuesday, July 25th. Bank of America Corporation lifted their target price on shares of Baozun from $34.00 to $38.00 and gave the stock a buy rating in a research report on Monday, September 11th. Finally, BidaskClub raised shares of Baozun from a hold rating to a buy rating in a research report on Saturday, July 8th. Two equities research analysts have rated the stock with a hold rating, two have given a buy rating and two have issued a strong buy rating to the stock. The company has a consensus rating of Buy and an average price target of $37.34.

Shares of Baozun (BZUN) opened at 35.22 on Tuesday. Baozun has a 52-week low of $10.87 and a 52-week high of $40.65.

Baozun (NASDAQ:BZUN) last posted its earnings results 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). Baozun had a return on equity of 9.19% and a net margin of 3.26%. The firm had revenue of $131.04 million for the quarter. On average, equities analysts anticipate that Baozun will post $0.69 earnings per share for the current fiscal year.

WARNING: “Baozun Inc. (BZUN) Upgraded by Vetr Inc. to “Strong-Buy”” was posted by The Ledger Gazette and is the property of of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and republished in violation of U.S. and international copyright and trademark laws. The original version of this story can be viewed at https://ledgergazette.com/2017/10/18/baozun-inc-bzun-upgraded-by-vetr-inc-to-strong-buy.html.

Large investors have recently made changes to their positions in the business. Sei Investments Co. boosted its holdings in Baozun by 24.3% in the 1st quarter. Sei Investments Co. now owns 7,024 shares of the technology company’s stock valued at $105,000 after purchasing an additional 1,373 shares during the period. Citigroup Inc. boosted its holdings in Baozun by 29.3% in the 2nd quarter. Citigroup Inc. now owns 5,781 shares of the technology company’s stock valued at $128,000 after purchasing an additional 1,311 shares during the period. Global X Management Co. LLC boosted its holdings in Baozun by 1.6% in the 2nd quarter. Global X Management Co. LLC now owns 6,759 shares of the technology company’s stock valued at $150,000 after purchasing an additional 105 shares during the period. Public Employees Retirement System of Ohio boosted its holdings in Baozun by 18.5% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 7,700 shares of the technology company’s stock valued at $171,000 after purchasing an additional 1,200 shares during the period. Finally, Pacad Investment Ltd. bought a new position in Baozun in the 2nd quarter valued at $197,000. 30.98% of the stock is owned by hedge funds and other institutional investors.

About Baozun

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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