Vipshop Holdings Ltd – Receives New Coverage from Analysts at UBS AG (VIPS)
Research analysts at UBS AG assumed coverage on shares of Vipshop Holdings Ltd – (NASDAQ:VIPS) in a report released on Monday, TheFlyOnTheWall.com reports. The firm set a “buy” rating and a $110.00 price target on the stock. UBS AG’s target price would suggest a potential upside of 24.55% from the stock’s previous close.
VIPS has been the subject of a number of other recent research reports. Analysts at HSBC initiated coverage on shares of Vipshop Holdings Ltd – in a research note to investors on Tuesday, November 19th. They set an “overweight” rating and a $126.00 price target on the stock. Separately, analysts at BNP Paribas downgraded shares of Vipshop Holdings Ltd – to a “hold” rating in a research note to investors on Tuesday, November 5th. Finally, analysts at Credit Agricole initiated coverage on shares of Vipshop Holdings Ltd – in a research note to investors on Thursday, October 24th. They set an “outperform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $64.07.
Shares of Vipshop Holdings Ltd – (NASDAQ:VIPS) traded down 0.23% on Monday, hitting $88.32. The stock had a trading volume of 817,703 shares. Vipshop Holdings Ltd – has a 1-year low of $17.45 and a 1-year high of $94.27. The stock has a 50-day moving average of $82. and a 200-day moving average of $60.12. The company has a market cap of $4.916 billion and a price-to-earnings ratio of 150.80.
Vipshop Holdings Ltd – (NASDAQ:VIPS) last released its earnings data on Monday, November 11th. The company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.21 by $0.05. The company had revenue of $383.70 million for the quarter, compared to the consensus estimate of $364.65 million. During the same quarter in the previous year, the company posted $0.01 earnings per share. The company’s revenue for the quarter was up 146.1% on a year-over-year basis. On average, analysts predict that Vipshop Holdings Ltd – will post $1.04 earnings per share for the current fiscal year.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.