Analyst Rating Update on Jumei International Holding Limited (JMEI)

Jumei International Holding Limited (NYSE:JMEI) has an average broker rating of 3.65, which is interpreted as a Sell, as rated by 2 equity analysts. Nevertheless, the majority of 1 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.

Jumei International Holding Limited (NYSE:JMEI) : 3 Wall Street analysts covering Jumei International Holding Limited (NYSE:JMEI) believe that the average level the stock could reach for the short term is $11.33. The maximum price target given is $15 and the minimum target for short term is around $7, hence the standard deviation is calculated at $3.88.

Company shares have received an average consensus rating of Hold for the current week

Jumei International Holding Limited (NYSE:JMEI): The stock was completely flat for the day, closing at $4.17 on Tuesday. The flat closing masks the intraday volatility in the stock. After opening at $4.22, the stock touched an intraday high of $4.33 and a low of $4.12. Neither the bulls nor the bears asserted their supremacy at close, due to which the stock closed completely flat. The stock previously closed at $4.17. The total trading volume on Tuesday was 855,156.

Jumei International Holding Limited is an online retailer of beauty products. The Company has two complementary sales formats on its Internet platform for beauty products: curated sales and online shopping mall through which it sells beauty products directly to customers. As part of curated sales, its Jumei Global offers Chinese consumers access to beauty products sourced directly from overseas and allows its consumers to make payments in Renminbi. In addition to curated sales, it also sells a selection of branded beauty products in its online shopping mall. In addition to beauty products, the Company offers apparel and other lifestyle products sold by third-party merchants. The Companys flash sales format features virtual stores of selected third-party merchants, offering apparel and accessories, footwear, handbags and luggage, baby, children and maternity products, as well as home goods and other lifestyle products at discounts.

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