Fintel reviews that on May 24, 2023, B of A Securities maintained protection of Vipshop Holdings Ltd – ADR (NYSE:VIPS) with a Buy advice.
Analyst Price Forecast Suggests 10.48% Upside
As of May 11, 2023, the common one-12 months worth goal for Vipshop Holdings Ltd – ADR is 16.48. The forecasts vary from a low of 11.31 to a excessive of $25.72. The common worth goal represents a rise of 10.48% from its newest reported closing worth of 14.92.
See our leaderboard of corporations with the most important worth goal upside.
The projected annual income for Vipshop Holdings Ltd – ADR is 111,366MM, a rise of 5.62%. The projected annual non-GAAP EPS is 10.44.
What is the Fund Sentiment?
There are 544 funds or establishments reporting positions in Vipshop Holdings Ltd – ADR. This is a rise of 49 proprietor(s) or 9.90% within the final quarter. Average portfolio weight of all funds devoted to VIPS is 0.35%, a lower of 3.60%. Total shares owned by establishments decreased within the final three months by 8.82% to 367,307K shares. 
The put/name ratio of VIPS is 0.47, indicating a bullish outlook.
What are Other Shareholders Doing?
KWEB – KraneShares CSI China Internet ETF holds 14,481K shares representing 2.57% possession of the corporate. In it is prior submitting, the agency reported proudly owning 13,300K shares, representing a rise of 8.15%. The agency elevated its portfolio allocation in VIPS by 41.14% during the last quarter.
Krane Funds Advisors holds 14,204K shares representing 2.52% possession of the corporate. In it is prior submitting, the agency reported proudly owning 15,562K shares, representing a lower of 9.56%. The agency elevated its portfolio allocation in VIPS by 111,843.31% during the last quarter.
OAKIX – Oakmark International Fund Investor Class holds 13,674K shares representing 2.43% possession of the corporate. In it is prior submitting, the agency reported proudly owning 20,557K shares, representing a lower of 50.34%. The agency decreased its portfolio allocation in VIPS by 2.72% during the last quarter.
Harris Associates L P holds 13,631K shares representing 2.42% possession of the corporate. In it is prior submitting, the agency reported proudly owning 18,990K shares, representing a lower of 39.31%. The agency decreased its portfolio allocation in VIPS by 25.01% during the last quarter.
Robeco Institutional Asset Management B.V. holds 11,187K shares representing 1.99% possession of the corporate. In it is prior submitting, the agency reported proudly owning 11,366K shares, representing a lower of 1.60%. The agency elevated its portfolio allocation in VIPS by 3.62% during the last quarter.
Vipshop Holdings Background Information
(This description is offered by the corporate.)
Vipshop Holdings Limited is a number one on-line low cost retailer for manufacturers in China. Vipshop affords prime quality and in style branded merchandise to shoppers all through China at a major low cost to retail costs. Since it was based in August 2008, the Company has quickly constructed a sizeable and rising base of prospects and model companions.
This story initially appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the writer and don’t essentially replicate these of Nasdaq, Inc.
