Vipshop Holdings Ltd – Hits New 52-Week High at $190.98 (VIPS)
Vipshop Holdings Ltd – (NASDAQ:VIPS) shares reached a new 52-week high during mid-day trading on Monday , Analyst Ratings Network reports. The company traded as high as $190.98 and last traded at $188.01, with a volume of 549,079 shares changing hands. The stock had previously closed at $188.55.
A number of analysts have recently weighed in on VIPS shares. Analysts at Barclays initiated coverage on shares of Vipshop Holdings Ltd – in a research note on Thursday, June 12th. They set an “overweight” rating on the stock. Separately, analysts at Zacks upgraded shares of Vipshop Holdings Ltd – from a “neutral” rating to an “outperform” rating in a research note on Wednesday, June 11th. They now have a $188.40 price target on the stock. Finally, analysts at JPMorgan Chase & Co. raised their price target on shares of Vipshop Holdings Ltd – from $200.00 to $210.00 in a research note on Monday, May 19th. They now have an “overweight” rating on the stock. Two investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. Vipshop Holdings Ltd – has a consensus rating of “Buy” and a consensus price target of $173.88.
The stock has a 50-day moving average of $171.3 and a 200-day moving average of $133.1. The company has a market cap of $10.610 billion and a P/E ratio of 150.48.
Vipshop Holdings Ltd – (NASDAQ:VIPS) last released its earnings data on Wednesday, May 28th. The company reported $0.52 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.45 by $0.07. Analysts expect that Vipshop Holdings Ltd – will post $2.77 EPS for the current fiscal year.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
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