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Vetr Inc. disclosed L Brands Inc (NYSE:LB), stepping up its price target to $79.12 earlier today

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

L Brands Inc (NYSE:LB) had its target price raised to $79 by Vetr Inc. in a report released 8/22/2016. The updated target price implies a possible upside of 0.02% from the bussiness’ most recent stock close price.

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

Performance Graphic:

L Brands Inc (NYSE:LB)

Also covering L Brands Inc’s stock price target, a total of 28 equity analysts have reported on the company. The one year target is $70.43 with four firms rating the stock a strong buy, seven firms rating the stock a buy, 22 analysts rating the stock a hold, one firm rating the stock to underperform, and lastly 0 brokerages rating the company as sell.

With a total market value of $0.0, L Brands Inc has a P/E of 18 with a 52 week low of $60.00 and a 52 week high of $101.11.

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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