KeyBanc analyst Hans Chung maintained a Buy rating on Vipshop (NYSE:VIPS) Holdings Limited on Thursday, setting a price target of $22, which is approximately 37.67% above the present share price of $15.98.
Chung expects Vipshop Holdings Limited to post earnings per share (EPS) of $2.17 for the second quarter of 2020.
The current consensus among 7 TipRanks analysts is for a Moderate Buy rating of shares in Vipshop, with an average price target of $18.83.
The analysts price targets range from a high of $22 to a low of $15.
In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $29.32 billion and a net profit of $1.96 billion. The company's market cap is $11.09 billion.
According to TipRanks.com, KeyBanc analyst Hans Chung is currently ranked with 3 stars on a 0-5 stars ranking scale, with an average return of 1.5% and a 47.44% success rate.
VipShop Holdings Ltd. engages in the provision of online products sales and distributions services. It offers womenswear; menswear; footwear; accessories; handbags; apparel for children; sportswear and sporting goods; cosmetic goods; home and lifestyle products; luxury goods; and gifts and miscellaneous. It cooperates with domestic and overseas brand agents and manufacturers. The company was founded by Ya Shen and Xiao Bo Hong on August 22, 2008 and is headquartered in Guangzhou, China.