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Goldman Sachs announced L Brands Inc (NYSE:LB), boosting its stock price target to $94.00 today

Just yesterday L Brands Inc (NYSE:LB) traded 0.07% lower at $77.76. The company’s 50-day average is $74.51 and its two hundred day moving average is $75.03. With the last close up 4.20% from the 200-day moving average, compared to the S&P 500 Index which has fallen -0.01% over the same time period. 2,880,720 shares of L Brands Inc exchanged hands, up from ann avg. trading volume of 1,945,000.

Reporting a possible upside of 0.21%, Goldman Sachs bumped the target stock price of L Brands Inc (NYSE:LB) to $94

Previously on Friday August 19 2016, Telsey Advisory reported about L Brands Inc(NYSE:LB) bumped the target price from $88.00 to $90.00 that suggested an upside of 0.16%.

Recent Performance Chart:

L Brands Inc (NYSE:LB)

A total of 28 firms have released a ratings update on the stock. Four firms rate the company a strong buy, seven firms rate the company a buy, 22 firms rate the company a hold, one firm rate the stock to underperform, and finally 0 analystsrate the company as sell with an average target of $70.43

L Brands Inc has a one-year low of $60.00 and a one-year high of $101.11 with a price-earnings ratio of 18. L Brands Inc’s market cap is currently $0.0.

General Information About L Brands Inc (NYSE:LB)

L Brands, Inc. operates specialty retail business. The Company is focused on women’s intimate and other apparel, personal care and beauty categories. The Company operates through three segments: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Victoria’s Secret segment includes PINK, which is the specialty retailer of women’s intimate and other apparel with collections, fragrances, supermodels and runway shows. Bath & Body Works segment is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers. Victoria’s Secret and Bath & Body Works International segment includes the Victoria’s Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. The Company operates the retail brands, which include Victoria’s Secret, Bath & Body Works, and La Senza and Henri Bendel. Henri Bendel is an operator of over 30 specialty stores.

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