Vipshop Holdings Limited (NYSE:VIPS) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts rate Vipshop “Moderate Buy”: Of 10 covering brokerages, four recommend buying, one strongly recommends buying, four rate it a hold, and one recommends selling. The average 12-month price target is $21.02, versus the reported share price of $14.14.
• Shares remain near their recent lows: Vipshop stock is down 0.1%, with a 52-week range of $12.65 to $21.08 and a market capitalization of approximately $6.77 billion.
• Institutional ownership is significant: Hedge funds and other institutional investors own 48.82% of the company, with major investors including Invesco, UBS Asset Management, Norges Bank, Orbis Allan Gray, and Goldman Sachs increasing their positions.

Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) has been given a consensus rating of "Moderate Buy" by the ten brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation, four have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $21.02.

Several research firms have issued reports on VIPS. Benchmark reaffirmed a "hold" rating on shares of Vipshop in a report on Friday, May 22nd. UBS Group set a $18.50 price objective on Vipshop and gave the company a "buy" rating in a report on Friday, May 22nd. Wall Street Zen cut Vipshop from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. Bank of America restated an "underperform" rating on shares of Vipshop in a research note on Friday, May 29th. Finally, Weiss Ratings lowered Vipshop from a "hold (c)" rating to a "hold (c-)" rating in a research report on Tuesday, May 26th.

Vipshop Stock Down 0.1%

Shares of Vipshop stock opened at $14.14 on Friday. The firm's 50 day moving average price is $14.15 and its 200-day moving average price is $15.15. Vipshop has a 52-week low of $12.65 and a 52-week high of $21.08. The company has a market cap of $6.77 billion, a P/E ratio of 6.64, a PEG ratio of 1.42 and a beta of 0.67.

Institutional Investors Weigh In On Vipshop

Large investors have recently modified their holdings of the business. Invesco Ltd. raised its position in shares of Vipshop by 87.2% in the 3rd quarter. Invesco Ltd. now owns 16,715,656 shares of the technology company's stock valued at $328,295,000 after purchasing an additional 7,785,027 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in Vipshop by 23,837.6% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,792,794 shares of the technology company's stock worth $49,405,000 after purchasing an additional 2,781,127 shares in the last quarter. Norges Bank purchased a new stake in Vipshop during the 4th quarter worth approximately $27,631,000. Orbis Allan Gray Ltd grew its position in Vipshop by 12.8% during the 4th quarter. Orbis Allan Gray Ltd now owns 10,814,948 shares of the technology company's stock worth $191,316,000 after purchasing an additional 1,227,325 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its stake in Vipshop by 29.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 4,931,512 shares of the technology company's stock valued at $77,326,000 after purchasing an additional 1,126,983 shares in the last quarter. Hedge funds and other institutional investors own 48.82% of the company's stock.

Vipshop Company Profile

Vipshop Holdings Limited NYSE: VIPS is a leading online discount retailer in China, offering high-quality branded products at competitive prices through a time-limited, flash-sales model. The company provides consumers with access to a rotating selection of merchandise, combining the excitement of limited-time offers with curated brand partnerships to drive customer engagement and loyalty.

Vipshop’s platform features a diverse range of product categories, including apparel, footwear, cosmetics, home furnishings, digital electronics and other lifestyle goods.

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