Vipshop Holdings Limited (NYSE:VIPS) Given Average Rating of "Hold" by Brokerages

Key Points

• Analysts have given Vipshop Holdings Limited an average rating of "Hold," with five hold recommendations and three buy ratings from the eight firms covering the stock.
• The current average price target for Vipshop among brokerages is $15.83, with recent adjustments indicating a slight downward trend from prior targets.
• Institutional investors own approximately 48.82% of Vipshop's shares, with several firms significantly increasing their stakes in recent quarters.

Shares of Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) have been given an average rating of "Hold" by the eight ratings firms that are covering the company, MarketBeat Ratings reports. Five analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $15.8286.

Several analysts have commented on the stock. Wall Street Zen cut shares of Vipshop from a "buy" rating to a "hold" rating in a research note on Thursday, May 29th. Bank of America lowered their target price on Vipshop from $17.80 to $17.30 and set a "buy" rating on the stock in a research note on Friday, July 18th. JPMorgan Chase & Co. lowered their price objective on Vipshop from $20.00 to $18.00 and set an "overweight" rating on the stock in a research report on Monday, June 30th. Finally, Barclays cut their target price on shares of Vipshop from $20.00 to $19.00 and set an "overweight" rating for the company in a report on Thursday, May 22nd.

Institutional Trading of Vipshop

Several institutional investors and hedge funds have recently bought and sold shares of VIPS. Wayfinding Financial LLC acquired a new position in shares of Vipshop in the first quarter valued at approximately $35,000. Farther Finance Advisors LLC boosted its holdings in shares of Vipshop by 209.2% in the second quarter. Farther Finance Advisors LLC now owns 2,551 shares of the technology company's stock valued at $38,000 after acquiring an additional 1,726 shares in the last quarter. Brooklyn Investment Group increased its stake in shares of Vipshop by 1,695.2% during the first quarter. Brooklyn Investment Group now owns 2,621 shares of the technology company's stock worth $41,000 after acquiring an additional 2,475 shares during the period. Hantz Financial Services Inc. raised its holdings in Vipshop by 1,187.1% during the second quarter. Hantz Financial Services Inc. now owns 3,282 shares of the technology company's stock worth $49,000 after purchasing an additional 3,027 shares in the last quarter. Finally, Atlas Capital Advisors Inc. lifted its position in Vipshop by 41.5% in the first quarter. Atlas Capital Advisors Inc. now owns 3,567 shares of the technology company's stock valued at $56,000 after purchasing an additional 1,046 shares during the period. Hedge funds and other institutional investors own 48.82% of the company's stock.

Vipshop Price Performance

Vipshop stock opened at $15.45 on Tuesday. Vipshop has a 1-year low of $11.50 and a 1-year high of $17.94. The stock has a market capitalization of $7.92 billion, a price-to-earnings ratio of 8.09, a PEG ratio of 1.69 and a beta of 0.54. The business has a fifty day moving average price of $15.03 and a 200-day moving average price of $14.84.

Vipshop Company Profile

Vipshop Holdings Limited operates online platforms in the People's Republic of China. It operates in Vip.com, Shan Shan Outlets, and Others segments. The company offers womenswear, menswear, sportswear and sporting goods, shoes and bags, accessories, baby and children products, skincare and cosmetics, home goods and other lifestyle products, and supermarket products.

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