L Brands Inc (NYSE:LB) price target raised to $90.00, reported earlier today by Oppenheimer Holdings Inc.
- Updated: September 17, 2016
Stating a possible upside of 0.16%, Oppenheimer Holdings Inc. bumped the price target of L Brands Inc (NYSE:LB) to $90.
On 8/19/2016, Telsey Advisory reported on L Brands Inc(NYSE:LB) raised the target price from $88.00 to $90.00. At the time, this suggested an upside of 0.16%.
Displaying a price of $77.76, L Brands Inc (NYSE:LB) traded 0.07% lower on the day. With the last stock price close up 4.20% relative to the 200-day average, compared with the S&P 500 Index which has decreased -0.01% over the same time period. The company has recorded a 50-day average of $74.51 and 200-day average of $75.03. 2,880,720 shares of the stock exchanged hands, up from ann average trading volume of 1,945,000
Recent Performance Chart:
L Brands Inc has a 52 week low of $60.00 and a one-year high of $101.11 with a price-earnings ratio of 18 and has a market capitalization of $0.0.
Also covering L Brands Inc’s stock price target, a total of 28 equity analysts have issued a ratings update on L Brands Inc. The one year target is $70.43 with four firms rating the stock a strong buy, seven analysts rating the company a buy, 22 firms rating the stock a hold, one brokerage rating the stock to underperform, and finally 0 brokeragesrating the stock as sell.
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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