<div id="readability-page-1"><p>Alibaba Group Holding Limited (NYSE:BABA - Get Free Report) shot up 1.9% during mid-day trading on Wednesday . The company traded as high as $160.74 and last traded at $158.88. 10,778,385 shares changed hands during mid-day trading, a decline of 47% from the average session volume of 20,200,111 shares. The stock had previously closed at $155.96.</p><div><p><span></span><span>Get <strong>Alibaba Group</strong> alerts:</span></p></div><h2>Wall Street Analysts Forecast Growth</h2><ul><li>Can Alibaba’s Big Bets Pay Off After a Breakout Year?</li></ul><p>A number of analysts have commented on the stock. Erste Group Bank raised shares of Alibaba Group from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Friday, October 3rd. UBS Group  reaffirmed a &#34;buy&#34; rating and set a $162.00 target price on shares of Alibaba Group in a research note on Sunday, August 31st. Susquehanna increased their price target on Alibaba Group from $175.00 to $190.00 and gave the stock a &#34;positive&#34; rating in a report on Thursday, September 18th. Barclays lifted their price objective on shares of Alibaba Group from $190.00 to $195.00 and gave the company an &#34;overweight&#34; rating in a research note on Wednesday, November 26th. Finally, Jefferies Financial Group raised their price target on shares of Alibaba Group from $178.00 to $230.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, September 29th. Seventeen analysts have rated the stock with a Buy rating, two have assigned  a Hold rating and one  has issued  a Sell rating to the stock. According to MarketBeat.com, Alibaba Group currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $194.00.</p><p><b>Get Our Latest Stock Report on Alibaba Group</b></p><h2>Alibaba Group Stock Performance</h2><ul><li>Go on a Shopping Spree With 3 Top Retail ETFs</li></ul><p>The stock has a market cap of $379.10 billion, a price-to-earnings ratio of 21.94, a P/E/G ratio of 2.43 and a beta of 0.33. The company's fifty day simple moving average is $166.37 and its two-hundred day simple moving average is $140.67. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.46 and a quick ratio of 1.46. </p><h2>Hedge Funds Weigh In On Alibaba Group</h2><p>Hedge funds and other institutional investors have recently modified their holdings of the business. Summit Securities Group LLC boosted its position in  Alibaba Group by 100.3% during the first quarter. Summit Securities Group LLC now owns 200 shares of the specialty retailer's stock worth $26,000 after purchasing an additional 59,000 shares during the period.  Ransom Advisory Ltd purchased a new stake in shares of  Alibaba Group during the 1st quarter valued at approximately $26,000.  1248 Management LLC bought a new position in  Alibaba Group in the 1st quarter worth approximately $26,000.  Rosenberg Matthew Hamilton purchased a new position in  Alibaba Group in the 2nd quarter valued at approximately $26,000.  Finally, Ameriflex Group Inc. raised its holdings in  Alibaba Group by 101.4% during the 3rd quarter. Ameriflex Group Inc. now owns 143 shares of the specialty retailer's stock valued at $26,000 after acquiring an additional 72 shares during the period. Hedge funds and other institutional investors own  13.47% of the company's stock. </p><h2>About Alibaba Group</h2> (Get Free Report)<ul><li>OpenAI's Restructuring Sets up What Could Be the Biggest IPO Ever</li></ul><p>Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help merchants, brands, retailers, and other businesses to engage with their users and customers in the People's Republic of China and internationally. The company operates through seven segments: China Commerce, International Commerce, Local Consumer Services, Cainiao, Cloud, Digital Media and Entertainment, and Innovation Initiatives and Others.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Alibaba Group</li><li>What is MarketRank™? How to Use it</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li><li>What Is WallStreetBets and What Stocks Are They Targeting?</li><li>3 Reasons Casey’s General Stores Will Continue Trending Higher</li><li>What is a Dividend King? </li><li>Golden Cross Alert: 3 Stocks With Major Upside Potential</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Alibaba Group Right Now?</h2><p>Before you consider Alibaba Group, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Alibaba Group wasn't on the list.</p><p>While Alibaba Group currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

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<p>Alibaba Group's stock rose 1.9% during mid-day trading, with analysts maintaining a "Moderate Buy" rating and a consensus target price of $194.00. The stock's market cap is $379.10 billion, and hedge funds own 13.47% of it. Despite positive ratings, top analysts suggest better investment options than Alibaba.</p>

- Alibaba Group Holding Limited's stock rose 1.9% to $158.88, with a trading volume of 10,778,385 shares, down 47% from the average.  
- Analysts have generally rated the stock positively, with 17 Buy ratings and a consensus target price of $194.00, while the company has a market cap of $379.10 billion and a P/E ratio of 21.94.  
- Institutional investors hold 13.47% of Alibaba's stock, reflecting increased interest in the company amid its diverse operational segments.

Alibaba Group (NYSE:BABA) Shares Up 1.9% - Time to Buy?