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Alibaba Group Holding Ltd ADR buy UBS Group AG

Start price
€77.60
01.11.23 / 50%
Target price
€120.43
01.11.24
Performance (%)
-3.72%
Price
€73.80
09.05.24
Summary
This prediction is currently active. With a performance of -3.72%, the BUY prediction for Alibaba Group Holding Ltd ADR by UBS_Group_AG is down slightly. A total of €0.91 was paid as dividends for this prediction. This prediction currently runs until 01.11.24. The prediction end date can be changed by UBS_Group_AG at any time. UBS_Group_AG has 50% into this prediction

Alibaba 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 1m
Alibaba Group Holding Ltd ADR -1.600% -1.600%
iShares Core DAX® 4.015% 2.971%
iShares Nasdaq 100 2.755% 0.503%
iShares Nikkei 225® -0.826% -5.057%
iShares S&P 500 2.330% 0.720%

Comments by UBS_Group_AG for this prediction

In the thread Alibaba Group Holding Ltd ADR diskutieren
Prediction Buy
Perf. (%) -3.72%
Target price 120.434
Change
Ends at 01.11.24

Alibaba Group Holding Limited (NYSE: BABA) had its "buy" rating re-affirmed by analysts at UBS Group AG. They now have a $127.00 price target on the stock, up previously from $120.00.
Ratings data for BABA provided by MarketBeat