Vipshop Holdings Ltd – Given Consensus Rating of “Buy” by Analysts (NASDAQ:VIPS)
Vipshop Holdings Ltd – (NASDAQ:VIPS) has been given an average recommendation of “Buy” by the fifteen brokerages that are covering the stock, AnalystRatingsNetwork.com reports. Four investment analysts have rated the stock with a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $66.23.
VIPS has been the subject of a number of recent research reports. Analysts at Zacks upgraded shares of Vipshop Holdings Ltd – from a “neutral” rating to an “outperform” rating in a research note on Thursday. They now have a $109.30 price target on the stock. Separately, analysts at UBS AG downgraded shares of Vipshop Holdings Ltd – from a “buy” rating to a “neutral” rating in a research note on Thursday, January 30th. Finally, analysts at Bank of America initiated coverage on shares of Vipshop Holdings Ltd – in a research note on Thursday, January 16th. They set a “buy” rating on the stock.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
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