Baozun (NASDAQ:BZUN) Stock Rating Upgraded by StockNews.com

Baozun (NASDAQ:BZUN) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Friday.

Separately, Citigroup lifted their price target on Baozun from $3.90 to $4.20 and gave the company a “buy” rating in a research note on Tuesday, November 26th.

Baozun Stock Performance

Shares of NASDAQ BZUN opened at $3.00 on Friday. Baozun has a 1 year low of $2.11 and a 1 year high of $4.38. The company’s fifty day moving average price is $3.25 and its 200 day moving average price is $3.04. The company has a market capitalization of $184.69 million, a PE ratio of -5.56 and a beta of 0.39.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BZUN. Schroder Investment Management Group lifted its stake in shares of Baozun by 16.5% in the fourth quarter. Schroder Investment Management Group now owns 2,301,500 shares of the technology company’s stock worth $6,352,000 after buying an additional 326,388 shares in the last quarter. Two Sigma Investments LP lifted its position in Baozun by 2.7% during the fourth quarter. Two Sigma Investments LP now owns 729,799 shares of the technology company’s stock worth $1,985,000 after buying an additional 18,913 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Baozun by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 598,184 shares of the technology company’s stock worth $1,628,000 after buying an additional 5,915 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. grew its holdings in Baozun by 9.5% in the 3rd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 490,771 shares of the technology company’s stock valued at $1,757,000 after buying an additional 42,524 shares in the last quarter. Finally, Walleye Capital LLC increased its stake in shares of Baozun by 103.5% in the 4th quarter. Walleye Capital LLC now owns 306,091 shares of the technology company’s stock worth $833,000 after acquiring an additional 155,650 shares during the last quarter. Hedge funds and other institutional investors own 47.29% of the company’s stock.

About Baozun

Baozun Inc, through its subsidiaries, provides end-to-end e-commerce solutions to brand partners in the People’s Republic of China. The company operates through two segments, E-Commerce and Brand Management (BBM). The E-Commerce segment offers brands’ store operations, customer services and value-added services in logistics and supply chain management, IT, and digital marketing.