Vipshop Holdings Limited (NYSE:VIPS) has earned an average rating of “Buy” from the thirteen ratings firms that are currently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, four have issued a hold recommendation and seven have issued a buy recommendation on the company. The average 12 month target price among analysts that have covered the stock in the last year is $15.80.

A number of equities research analysts recently weighed in on VIPS shares. Deutsche Bank AG lowered shares of Vipshop Holdings Limited from a “buy” rating to a “hold” rating and lowered their price target for the company from $15.50 to $12.60 in a report on Friday, June 30th. J P Morgan Chase & Co raised shares of Vipshop Holdings Limited from a “neutral” rating to an “overweight” rating and set a $18.00 price target for the company in a report on Tuesday, May 16th. Benchmark Co. started coverage on shares of Vipshop Holdings Limited in a report on Tuesday, April 18th. They set a “buy” rating and a $17.00 price target for the company. BidaskClub raised shares of Vipshop Holdings Limited from a “strong sell” rating to a “sell” rating in a report on Sunday, July 16th. Finally, Nomura reaffirmed a “neutral” rating and set a $16.80 price target (up from $16.40) on shares of Vipshop Holdings Limited in a report on Tuesday, May 16th.

A number of hedge funds and other institutional investors have recently bought and sold shares of VIPS. Advisors Preferred LLC acquired a new position in Vipshop Holdings Limited during the first quarter worth about $134,000. Murphy Capital Management Inc. acquired a new position in Vipshop Holdings Limited during the second quarter worth about $111,000. Koch Industries Inc. acquired a new position in Vipshop Holdings Limited during the first quarter worth about $151,000. United Capital Financial Advisers LLC acquired a new position in Vipshop Holdings Limited during the first quarter worth about $152,000. Finally, OLD National Bancorp IN increased its position in Vipshop Holdings Limited by 1.1% in the second quarter. OLD National Bancorp IN now owns 11,396 shares of the technology company’s stock worth $120,000 after buying an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 68.47% of the company’s stock.

Vipshop Holdings Limited (NYSE VIPS) traded down 0.49% during mid-day trading on Tuesday, reaching $12.16. 2,657,004 shares of the company traded hands. Vipshop Holdings Limited has a 52-week low of $9.94 and a 52-week high of $17.41. The stock has a 50-day moving average of $11.44 and a 200 day moving average of $12.60. The stock has a market capitalization of $7.12 billion, a PE ratio of 23.57 and a beta of 1.90.

Vipshop Holdings Limited (NYSE:VIPS) last released its quarterly earnings data on Monday, May 15th. The technology company reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. Vipshop Holdings Limited had a return on equity of 44.90% and a net margin of 3.50%. The business had revenue of $15.95 billion during the quarter, compared to analyst estimates of $15.62 billion. During the same period in the previous year, the company earned $0.16 EPS. Vipshop Holdings Limited’s revenue was up 31.1% on a year-over-year basis. Equities research analysts expect that Vipshop Holdings Limited will post $0.83 earnings per share for the current year.

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About Vipshop Holdings Limited

Vipshop Holdings Limited is a holding company. The Company is an online discount retailer for brands in China. The Company offers branded products to consumers in China through flash sales mainly on its vip.com Website. The Company’s segment is sales, product distribution and offering of goods on its online platforms.

Analyst Recommendations for Vipshop Holdings Limited (NYSE:VIPS)

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