Vipshop Holdings Limited (VIPS) Can’t Be More Safe. Trades Significantly Higher

The stock of Vipshop Holdings Limited (NYSE:VIPS) is a huge mover today! The stock increased 15.02% or $0.94 during the last trading session, reaching $7.2. About 22.85M shares traded or 272.23% up from the average. Vipshop Holdings Limited (NYSE:VIPS) has declined 21.24% since August 15, 2018 and is downtrending. It has underperformed by 21.24% the S&P500.
The move comes after 8 months positive chart setup for the $4.79B company. It was reported on Aug, 15 by Barchart.com. We have $7.56 PT which if reached, will make NYSE:VIPS worth $239.60 million more.

Vipshop Holdings Limited (NYSE:VIPS) Ratings Coverage

Among 5 analysts covering Vipshop Holdings (NYSE:VIPS), 1 have Buy rating, 1 Sell and 3 Hold. Therefore 20% are positive. Vipshop Holdings has $11 highest and $5.9 lowest target. $7.55’s average target is 4.86% above currents $7.2 stock price. Vipshop Holdings had 9 analyst reports since February 19, 2019 according to SRatingsIntel. The stock of Vipshop Holdings Limited (NYSE:VIPS) earned “Hold” rating by Nomura on Friday, February 22. The firm has “Overweight” rating given on Friday, April 5 by KeyBanc Capital Markets. The stock has “Sell” rating by CLSA on Thursday, February 21. On Friday, February 22 the stock rating was downgraded by Macquarie Research to “Neutral”.

More notable recent Vipshop Holdings Limited (NYSE:VIPS) news were published by: Finance.Yahoo.com which released: “Did Hedge Funds Drop The Ball On Vipshop Holdings Limited (VIPS) ? – Yahoo Finance” on April 26, 2019, also Seekingalpha.com with their article: “Vipshop -7.5% as revenue growth disappoints – Seeking Alpha” published on February 20, 2019, Finance.Yahoo.com published: “Here’s What Hedge Funds Think About Vipshop Holdings Limited (VIPS) – Yahoo Finance” on June 23, 2019. More interesting news about Vipshop Holdings Limited (NYSE:VIPS) were released by: Benzinga.com and their article: “Earnings Scheduled For August 14, 2019 – Benzinga” published on August 14, 2019 as well as Seekingalpha.com‘s news article titled: “Vipshop: Investors Are Missing The Point – Seeking Alpha” with publication date: July 16, 2019.

Vipshop Holdings Limited, through its subsidiaries, operates as an online discount retailer for various brands in the People's Republic of China. The company has market cap of $4.79 billion. It offers a range of branded products, including women's apparel, such as casual wear, jeans, dresses, outerwear, swimsuits, lingerie, pajamas, and maternity clothes; men's apparel comprising casual and smart-casual T-shirts, polo shirts, jackets, pants, and underwear; women and men shoes for casual and formal occasions; and accessories consisting of belts, fashionable jewelry, watches, and glasses for women and men. It has a 14.94 P/E ratio. The firm also provides handbags, such as purses, satchels, duffel bags, and wallets; apparel, gear and accessories, furnishings and decor, toys, and games for boys, girls, infants, and toddlers of all age groups; sports apparel, and sports gear, and footwear for tennis, badminton, soccer, and swimming; and skin care and cosmetic products, including cleansers, lotions, face and body creams, face masks, sunscreen, foundations, lipsticks, eye shadows, and nail polish.

Vipshop Holdings Limited (NYSE:VIPS) Ratings Chart

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