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Jumei International Holding Ltd(ADR) (NASDAQ:JMEI)‘s stock had its “positive” rating reaffirmed by analysts at Goldman Sachs in a research report issued to clients and investors on Wednesday.

Shares of Jumei International Holding Lt (NASDAQ:JMEI) traded up 3.27% during mid-day trading on Wednesday, hitting $28.41. 1,034,007 shares of the company’s stock traded hands. Jumei International Holding Lt has a 52 week low of $22.00 and a 52 week high of $32.49. The stock has a 50-day moving average of $26.44 and a 200-day moving average of $26.44. The company has a market cap of $4.066 billion and a P/E ratio of 184.63.

JMEI has been the subject of a number of other recent research reports. Analysts at Oppenheimer initiated coverage on shares of Jumei International Holding Ltd(ADR) in a research note on Wednesday, June 18th. They set an “outperform” rating and a $35.00 price target on the stock. Separately, analysts at GF Securities initiated coverage on shares of Jumei International Holding Ltd(ADR) in a research note on Wednesday, June 11th. They set a “buy” rating on the stock. Finally, analysts at Credit Suisse initiated coverage on shares of Jumei International Holding Ltd(ADR) in a research note on Wednesday, June 11th. They set a “neutral” rating and a $33.00 price target on the stock. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $33.33.

Jumei International Holding Ltd is an online retailer of beauty products. The Company has sold over 30,000 stock keeping units (NASDAQ:JMEI) of beauty products.

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