On May 16, 2018 CLSA Reports Vipshop (VIPS)’s Rating Change From Buy to Underperform.

May 16, 2018 - By Theresa Judd

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

On 15 May research analysts at CLSA decreased Vipshop (VIPS)‘s shares rating to Underperform from Buy. VIPS’s rating change was made public in a research report.

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

Vipshop Holdings Limited operates as an online discount retailer for various brands in the People's Republic of China.The firm is worth $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 announced recently go to: Fool.com, Benzinga.com, Nasdaq.com, Streetinsider.com or Investorplace.com. The titles are as follows: “Why Switch, Vipshop Holdings, and Agilent Technologies Slumped Today” announced on May 15, 2018, “KeyBanc Highlights Tencent And JD Concerns In Vipshop Downgrade” on May 16, 2018, “Mid-Afternoon Market Update: Netshoes Drops Following Q1 Results; Red Violet Shares Surge” with a publish date: May 15, 2018, “After-Hours Stock Movers 05/14: (PFNX) (MIME) (LPTH) Higher; (VIPS) (HAIR) (MYE) Lower (more…)” and the last “5 Top Stock Trades for Wednesday Morning” with publication date: May 15, 2018.

Vipshop Holdings Limited (NYSE:VIPS) Analyst Ratings Chart

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