Alibaba Group Holding Ltd ADR buy Citigroup Inc.
Start price
10.04.24
/
50%
€69.20
Target price
10.04.25
€115.30
Performance (%)
3.03%
Price
21:52
€71.30
Summary
This prediction is currently active. With a performance of 3.03%, the BUY prediction by Citigroup_Inc_ for Alibaba Group Holding Ltd ADR is trending in the right direction. This prediction currently runs until 10.04.25. The prediction end date can be changed by Citigroup_Inc_ at any time. Citigroup_Inc_ 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 | 8.937% |
| iShares Core DAX® | 2.594% |
| iShares Nasdaq 100 | 3.553% |
| iShares Nikkei 225® | 0.687% |
| iShares S&P 500 | 2.209% |
Comments by Citigroup_Inc_ for this prediction
In the thread Alibaba Group Holding Ltd ADR diskutieren
Alibaba Group Holding Limited (NYSE: BABA) had its price target lowered by analysts at Citigroup Inc. from $126.00 to $124.00. They now have a "buy" rating on the stock.
Ratings data for BABA provided by MarketBeat