Alibaba group a great move ! Alibaba surging on its new organizational and governance structure, splitting into six major business groups each with a CEO.
Alibaba named Research Tactical Idea Call at Morgan Stanley-tgt $150
Investors should also note Alibaba's current valuation metrics, including its Forward P/E ratio of 13.25.
This represents a discount compared to its industry's average Forward P/E of 18.08.
It is also worth noting that BABA currently has a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 1.16 as of yesterday's close.
Tactical Idea Long above 101 * Target 120
Stop 96.
Risk/reward ratio 3.94
The potential of the idea is 18.8%
Alibaba named Research Tactical Idea Call at Morgan Stanley-tgt $150
Investors should also note Alibaba's current valuation metrics, including its Forward P/E ratio of 13.25.
This represents a discount compared to its industry's average Forward P/E of 18.08.
It is also worth noting that BABA currently has a PEG ratio of 1.04. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The Internet - Commerce industry currently had an average PEG ratio of 1.16 as of yesterday's close.
Tactical Idea Long above 101 * Target 120
Stop 96.
Risk/reward ratio 3.94
The potential of the idea is 18.8%