Vipshop Holdings Limited (VIPS) : 5 brokerage houses believe that Vipshop Holdings Limited (VIPS) is a Strong Buy at current levels. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Vipshop Holdings Limited (VIPS). Zacks Investment Research suggests a Sell with a rank of 4.The median of all the 8 Wall Street Analysts endorse the stock as a Buy with a rating of 1.75.
Vipshop Holdings Limited (VIPS) : The highest short term price target forecast on Vipshop Holdings Limited (VIPS) is $22 and the lowest target price is $12. A total of 6 equity analysts are currently covering the company. The average price of all the analysts is $19.38 with a standard deviation of $3.72.
For the current week, the company shares have a recommendation consensus of Buy. Also, JP Morgan assumes its rating on Vipshop Holdings Limited (NYSE:VIPS). Analysts at the JP Morgan have a current rating of Neutral on the shares. The rating by the firm was issued on August 31, 2016.
Vipshop Holdings Limited (NYSE:VIPS): stock was range-bound between the intraday low of $13.87 and the intraday high of $14.41 after having opened at $14.27 on Wednesdays session. The stock finally closed in the red at $14.27, a loss of -2.18%. The stock remained in the red for the whole trading day. The total traded volume was 4,860,110 shares. The stock failed to cross $14.41 in Wednesdays trading. The stocks closing price on Thursday was $14.21.
Vipshop Holdings Limited is a holding company. The Company, through its wholly owned subsidiaries, operates as an online discount retailer for brands in China. The Company offers a range of apparel, fashion goods, cosmetics, home goods and lifestyle products from domestic and international brands. The Companys product categories include womenswear, menswear, footwear, accessories, handbags, children, sportswear and sporting goods, cosmetics, home goods and other lifestyle products, luxury goods, and gifts and miscellaneous. The Company offers branded products to consumers through flash sales model on its vip.com Website. The Company has launched channels on its Website, which include Vipshop Beauty, Vipshop Home, Vipshop Baby and Global Sale. The Company also offers a range of products and services through lefeng.com, specializing in branded cosmetics, apparel, healthcare products, food and other consumer products.