The Alibaba Holding share price – where next?

The Alibaba Holding (NYQ:BABA) share price has risen by 14.2% over the past month and it’s currently trading at 249.21. For investors considering whether to buy, hold or sell the stock, the question now is whether this price run will continue.

According to the company’s analysts, there are certainly reasons to think it will continue to perform well in the year ahead. In terms of trading recommendations, Alibaba Holding currently has:

• 21 Buy recommendations

• 0 Hold recommendations

• 0 Sell recommendations

This suggests that analysts are generally positive about the outlook.

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Going beyond analyst recommendations

At its current price of 249.21, shares in Alibaba Holding are trading at a discount of -7.25% to its 52 week high price. The 1-year performance of the shares has been 43.3%.

While analyst forecasts can be a useful guide to what City 'experts' think about a stock's near term future, they can be unreliable. To get a better idea about the strengths and weaknesses of Alibaba Holding it's worth doing some investigation yourself. You could do this by taking a look at Alibaba Holding's StockReport.

There are all sorts of factors that could affect Alibaba Holding's share price this year – we simplify them into easy to understand scores with our Stockopedia StockReport. Click here to take a look at the StockReport for Alibaba Holding – you might discover some surprising things you didn’t know.