Vipshop Holdings Limited (VIPS) : 5 brokerage houses believe that Vipshop Holdings Limited (VIPS) is a Strong Buy at current levels. 2 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 7 Wall Street Analysts endorse the stock as a Buy with a rating of 1.57.
Vipshop Holdings Limited (VIPS) : The highest level Vipshop Holdings Limited (VIPS) is projected to reach is $22 for the short term and the lowest estimate is at $12. The consolidated price target from 6 rating analysts who initiate coverage on the stock is $18.38 and the possibility the share price can swing is $3.99.
Vipshop Holdings Limited has dropped 3.92% in the last five trading days, however, the shares have posted positive gains of 15.31% in the last 4 weeks. Vipshop Holdings Limited is up 41.91% in the last 3-month period. Year-to-Date the stock performance stands at 1.11%. Vipshop Holdings Limited (NYSE:VIPS): On Tuesdays trading session , Opening price of the stock was $15.68 with an intraday high of $15.79. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.43. However, the stock managed to close at $15.44, a loss of 0.39% for the day. On the previous day, the stock had closed at $15.5. The total traded volume of the day was 5,748,790 shares.
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.