Vipshop Holdings Limited (NYSE:VIPS) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• Vipshop Holdings Limited (NYSE:VIPS) has received a consensus rating of "Moderate Buy" from six research firms, with three analysts recommending a hold and three a buy.
• The average price target set by analysts for Vipshop over the next twelve months is $18.33, reflecting varying assessments of its market potential.
• Institutional investors currently hold 48.82% of Vipshop's stock, indicating significant interest from major investment entities in the company.

Shares of Vipshop Holdings Limited (NYSE:VIPS - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the six research firms that are presently covering the stock, MarketBeat reports. Three equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $18.3250.

Several research analysts have recently issued reports on the company. Citigroup increased their price target on Vipshop from $17.00 to $19.00 and gave the stock a "neutral" rating in a research note on Friday, August 15th. Bank of America decreased their price target on Vipshop from $17.80 to $17.30 and set a "buy" rating for the company in a research note on Friday, July 18th. Wall Street Zen raised Vipshop from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. JPMorgan Chase & Co. decreased their price target on Vipshop from $20.00 to $18.00 and set an "overweight" rating for the company in a research note on Monday, June 30th. Finally, Zacks Research cut Vipshop from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 27th.

Vipshop Stock Performance

NYSE:VIPS opened at $18.25 on Wednesday. Vipshop has a 1 year low of $12.14 and a 1 year high of $18.91. The stock has a market cap of $9.36 billion, a price-to-earnings ratio of 9.92, a PEG ratio of 2.05 and a beta of 0.70. The business has a fifty day moving average of $16.67 and a 200-day moving average of $15.35.

Institutional Trading of Vipshop

Several institutional investors have recently modified their holdings of the company. Squarepoint Ops LLC lifted its holdings in shares of Vipshop by 46.7% in the second quarter. Squarepoint Ops LLC now owns 63,139 shares of the technology company's stock valued at $950,000 after buying an additional 20,088 shares during the period. Public Sector Pension Investment Board lifted its holdings in shares of Vipshop by 1.0% in the second quarter. Public Sector Pension Investment Board now owns 125,249 shares of the technology company's stock valued at $1,885,000 after buying an additional 1,300 shares during the period. Headlands Technologies LLC acquired a new stake in shares of Vipshop in the second quarter valued at $623,000. Corient Private Wealth LLC acquired a new stake in shares of Vipshop in the second quarter valued at $199,000. Finally, Tidal Investments LLC lifted its holdings in shares of Vipshop by 18.1% in the second quarter. Tidal Investments LLC now owns 49,326 shares of the technology company's stock valued at $742,000 after buying an additional 7,577 shares during the period. Institutional investors and hedge funds own 48.82% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.