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Vipshop Holdings Limited (NYSE:VIPS) Given Average Recommendation of "Moderate Buy" by Brokerages
Nine brokerages have given Vipshop Holdings Limited (NYSE:VIPS) an average recommendation of “Moderate Buy,” with five “buy” and four “hold” ratings, and a 12-month average price target of $20.48. The company recently increased its annual dividend to $0.62 from $0.43, with a payout ratio of 30.15%. Institutional investors hold approximately 48.8% of the stock, which is currently trading around $14.77.