Courtesy of Benzinga.
Summit calls the company ‘a key holding to get exposure to China’s eCommerce growth.’ Summit’s Henry Guo also highlights the companies domination in the Chinese market saying ‘ We don’t believe the growth deceleration is due to competition or market share loss – there might be some flash sales competitors in the China B2C space, but we believe Vipshop is the dominant player in the China discount retailing market, a space where we don’t see any meaningful competitors can really match Vipshop’s merchandising capability and large scale.’
Latest Ratings for VIPS
Date | Firm | Action | From | To |
---|---|---|---|---|
May 2015 | Stifel Nicolaus | Initiates Coverage on | Buy | |
Apr 2015 | HSBC | Upgrades | Neutral | Buy |
Apr 2015 | Jefferies | Maintains | Buy |
View More Analyst Ratings for VIPS
View the Latest Analyst Ratings
Posted-In: Analyst Color Price Target Analyst Ratings