Oppenheimer has a ?Buy? rating and a $215.00 price target on the stock. Oppenheimer also issued estimates for Alibaba Group?s Q3 2020 earnings at $1.73 EPS, Q4 2020 earnings at $0.90 EPS and FY2020 earnings at $5.24 EPS.
Several other equities research analysts have also recently commented on the company. Daiwa Capital Markets reaffirmed a ?buy? rating on shares of Alibaba Group in a research note on Tuesday. SunTrust Banks reaffirmed a ?buy? rating and set a $210.00 target price on shares of Alibaba Group in a research note on Tuesday, September 24th. Bank of America set a $233.00 target price on Alibaba Group and gave the stock a ?buy? rating in a research note on Friday, September 6th. HSBC raised their target price on Alibaba Group from $230.00 to $233.00 and gave the stock a ?buy? rating in a research note on Friday, October 4th.
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