On May 16, 2018 Vipshop (VIPS) Downgraded By CLSA From Buy.

May 16, 2018 - By Catherine Smith

CLSA Decreased Vipshop (VIPS)’s Stock Rating to Underperform.

On 15 May equity research analysts at CLSA cut Vipshop (VIPS)‘s shares rating to Underperform from Buy. VIPS’s rating change was issued in a note.

The stock increased 3.79% or $0.46 during the last trading session, touching $12.54.Vipshop Holdings Limited has 19.81M shares volume, 113.30% up from normal. VIPS is uptrending and has moved 21.34% since May 16, 2017. The stock outperformed the S&P 500 by 9.79%.

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China.The firm is valued at $8.26 billion. It operates in two divisions, Vip.com and Internet Finance Business.The P/E ratio is 24.83. The firm 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 shoes for casual and formal occasions; and accessories that include belts, jewelry, watches, and glasses for women and men.

For more Vipshop Holdings Limited (NYSE:VIPS) news brought out briefly go to: Benzinga.com, Schaeffersresearch.com, Investorplace.com, Fool.com or Streetinsider.com. The titles are as follows: “5 Biggest Price Target Changes For Wednesday” brought out on May 16, 2018, “Inovio Stock Buzzing After HIV Vaccine Data” on May 15, 2018, “5 Top Stock Trades for Wednesday Morning” with a publish date: May 15, 2018, “Why Switch, Vipshop Holdings, and Agilent Technologies Slumped Today” and the last “Pre-Open Movers 05/15: (XENE) (PFNX) (SORL) Higher; (VIPS) (MYE) (TSLA) Lower (more…)” with publication date: May 15, 2018.

Vipshop Holdings Limited (NYSE:VIPS) Analyst Ratings Chart

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