A number of other equities analysts have also recently commented on the company. Citigroup set a $73.00 target price on Esperion Therapeutics and gave the stock a buy rating in a report on Tuesday, May 28th. Zacks Investment Research upgraded Zymeworks from a hold rating to a buy rating and set a $19.00 price objective for the company in a report on Saturday, April 27th. Credit Suisse Group upgraded Vipshop from an underperform rating to a neutral rating in a report on Thursday, May 23rd. Daiwa Capital Markets upgraded Vipshop from an underperform rating to a neutral rating in a report on Friday, May 24th. Finally, JPMorgan Chase & Co. boosted their price objective on Weight Watchers International from $12.00 to $14.00 and gave the company an underweight rating in a report on Tuesday, April 30th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company. The company has an average rating of Hold and an average price target of $8.15.
Shares of Vipshop stock opened at $7.73 on Thursday. The stock has a market cap of $5.07 billion, a PE ratio of 17.98 and a beta of 1.89. The business has a 50 day moving average of $7.96. Vipshop has a one year low of $4.30 and a one year high of $10.39.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Segantii Capital Management Ltd purchased a new position in Vipshop during the 1st quarter valued at $588,000. Korea Investment CORP raised its position in Vipshop by 14.1% during the 4th quarter. Korea Investment CORP now owns 251,700 shares of the technology company’s stock valued at $1,374,000 after purchasing an additional 31,100 shares in the last quarter. Comerica Bank raised its position in Vipshop by 13.9% during the 1st quarter. Comerica Bank now owns 38,272 shares of the technology company’s stock valued at $308,000 after purchasing an additional 4,675 shares in the last quarter. Tairen Capital Ltd bought a new stake in Vipshop during the 4th quarter valued at $1,331,000. Finally, KEYWISE CAPITAL MANAGEMENT Ltd raised its position in Vipshop by 23.1% during the 1st quarter. KEYWISE CAPITAL MANAGEMENT Ltd now owns 7,315,800 shares of the technology company’s stock valued at $58,746,000 after purchasing an additional 1,371,500 shares in the last quarter. Institutional investors own 46.06% of the company’s stock.
Vipshop Company Profile
Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China. It operates in two segments, Vip.com and Internet Finance Business. The company offers 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 casual and formal shoes; and accessories that include belts, jewelry, watches, and glasses for women and men.
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