Vipshop Holdings Ltd. (NYSE:VIPS) has been given a consensus recommendation of “Buy” by the fifteen research firms that are covering the stock. One research analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and nine have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $14.81.

A number of analysts recently commented on the stock. Nomura set a $16.00 price objective on shares of Vipshop Holdings and gave the company a “buy” rating in a research report on Thursday, November 24th. JPMorgan Chase & Co. restated a “neutral” rating and issued a $16.00 price objective on shares of Vipshop Holdings in a research report on Wednesday, August 31st. Deutsche Bank AG cut shares of Vipshop Holdings from a “buy” rating to a “hold” rating and upped their price objective for the company from $16.60 to $16.90 in a research report on Wednesday, August 17th. Jefferies Group set a $20.00 price objective on shares of Vipshop Holdings and gave the company a “buy” rating in a research report on Tuesday, November 22nd. Finally, Stifel Nicolaus upped their price objective on shares of Vipshop Holdings from $18.00 to $21.50 and gave the company a “buy” rating in a research report on Tuesday, August 16th.

Vipshop Holdings (NYSE:VIPS) opened at 11.22 on Monday. Vipshop Holdings has a 12-month low of $10.21 and a 12-month high of $17.53. The firm’s 50-day moving average price is $13.42 and its 200 day moving average price is $13.29. The company has a market capitalization of $6.53 billion, a price-to-earnings ratio of 25.97 and a beta of 1.83.

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Several institutional investors have recently bought and sold shares of VIPS. Vontobel Asset Management Inc. purchased a new stake in shares of Vipshop Holdings during the third quarter valued at about $8,105,000. Comgest Global Investors S.A.S. increased its stake in shares of Vipshop Holdings by 49.6% in the second quarter. Comgest Global Investors S.A.S. now owns 8,712,703 shares of the company’s stock valued at $97,321,000 after buying an additional 2,887,900 shares during the period. Gulf International Bank UK Ltd increased its stake in shares of Vipshop Holdings by 124.8% in the second quarter. Gulf International Bank UK Ltd now owns 107,720 shares of the company’s stock valued at $1,203,000 after buying an additional 59,800 shares during the period. Legal & General Group Plc increased its stake in shares of Vipshop Holdings by 2.3% in the first quarter. Legal & General Group Plc now owns 342,800 shares of the company’s stock valued at $4,416,000 after buying an additional 7,600 shares during the period. Finally, Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Vipshop Holdings by 109.7% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 951,224 shares of the company’s stock valued at $10,625,000 after buying an additional 497,537 shares during the period. Institutional investors own 78.43% of the company’s stock.

Vipshop Holdings Company Profile

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

5 Day Chart for NYSE:VIPS

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