Vipshop Holdings Ltd – Now Covered by Analysts at Jefferies Group (VIPS)
Equities research analysts at Jefferies Group initiated coverage on shares of Vipshop Holdings Ltd – (NASDAQ:VIPS) in a research note issued to investors on Wednesday. The firm set a “buy” rating on the stock.
Shares of Vipshop Holdings Ltd – (NASDAQ:VIPS) opened at 195.59 on Wednesday. Vipshop Holdings Ltd – has a one year low of $28.00 and a one year high of $195.82. The stock has a 50-day moving average of $174.1 and a 200-day moving average of $135.5. The company has a market cap of $11.054 billion and a P/E ratio of 149.83.
Vipshop Holdings Ltd – (NASDAQ:VIPS) last posted its quarterly earnings results on Wednesday, May 28th. The company reported $0.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.07. Analysts expect that Vipshop Holdings Ltd – will post $2.77 EPS for the current fiscal year.
Several other analysts have also recently commented on the stock. 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 equities research analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the stock. Vipshop Holdings Ltd – currently has an average rating of “Buy” and an average target price of $173.88.
Vipshop Holdings Limited (NASDAQ:VIPS) is a holding company.
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