Goldman Sachs, an investment bank, issued an investor report in Sunday, raising the stock rating of the VIPS (NYSE Securities code: "neutral") to "buy" and maintaining its 185 dollar target share price. The reason for Goldman Sachs is the valuation and growth prospects of the sole commodities council.
As a push, the stock price rose by 11.30 US dollars in the NYSE's regular trading in Monday, or 8.19%, at $149.30. The stock has risen 78% per cent this year, and the stock exchange has climbed 23 times times since its IPO in March 2012.
In an investor report released in Sunday, Goldman Sachs analysts said the only product would have reached 1% per cent in the Chinese apparel market, to 1.5% in 2016, to a revenue equivalent to $6 billion trillion. Goldman Sachs points out that the credibility of China's discount retail industry taps will allow the company to introduce more global brands and thus create a virtuous circle to attract more consumers. Goldman Sachs also predicted that the only product will be in the future will enter the maternal and infant products market.
The company reported a net revenue of $1.7 billion in 2013, up 145.1% from a year earlier, mainly due to an increase in the number of active users and total orders, according to a previous earnings release. Only 2013 net profit was $52.3 million, and the net loss for the same period last year was $9.5 million. Only the 2013 net interest rate was 3.1%, and the net loss rate for the same period was 1.4%. Only in 2013 each share of the United States depository receipts diluted profits of 0.91 U.S. dollars, the same period last year, the United States depository receipts diluted loss of 0.21 U.S. dollars. The company also expects net revenues of 640 million to $650 million in the first quarter of 2014, up about 106% to 109% per cent from a year earlier, higher than the market analyst estimates for 544 million dollars.
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