ALIBABA GROUP HOLDING LTD
(NYSE:BABA)
Balfour Capital Group has issued a buy recommendation
for Alibaba Group Holding Ltd (BABA) on January 31st, 2023.
Alibaba Group is a Chinese multinational conglomerate specializing in e-commerce, retail, internet, and technology. Founded in 1999, the company operates various businesses, including China commerce, international commerce, local consumer services, logistics, cloud computing, and digital media and entertainment. Its mission is to make it easy to do business anywhere.
Post Recommendation Price Trend Chart
- We have established a Buy recommendation at $67.26 on January 31st, 2023.
- Our designated price target stands at $125.00
Analysts Research
With steadfast dedication to thorough research, Balfour Capital Group engages with esteemed analysts and companies, evident below, to amplify and elevate our proficiency. This collaborative approach enriches our findings, granting readers and researchers a profound comprehension of the rationale behind our recommendations and research objectives.
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Balfour Capital Group wants to clarify that our recommendation to Buy Alibaba Group Holding Ltd (BABA)Â is based on thorough research conducted by our dedicated teams.
We invest significant time and resources in analyzing market trends, financial data, and industry insights to provide well-informed guidance.
However, it is important to note that our recommendation does not guarantee any specific financial outcomes. The decision to act on our recommendation should be made at your discretion. Please be aware that investments carry inherent risks, and the value of investments can fluctuate, potentially resulting in financial loss.
*THIS INFORMATION IS PROVIDED FOR COMMERCIAL AND INDICATIVE PURPOSES ONLY AND MAY DIFFER FROM REALITY. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. TRADING WITH LEVERAGE INVOLVES A SUBSTANTIAL RISK OF LOSS AND MAY NOT BE SUITABLE FOR ALL INVESTORS.*
