L Brands LB (NYSE:LB) had its price target upped to $62.00 by Oppenheimer in a report issued Friday May 05, 2017. The updated stock price target implies a possible upside of 0.21% from the company's most recent stock close price.
Previously on 05/04/2017, Vetr Inc. released a statement for L Brands LB (NYSE:LB) bumped up the target price from $0.00 to $53.07. At the time, this indicated a possible downside of 0.00%.
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L Brands LB has price-earnings ratio of 12.83 with a one year low of $43.04 and a one year high of $79.67 and has a total market value of $0.
A total of 28 firms have issued a report on the stock. Four equity analysts rating the company a strong buy, seven equity analysts rating the stock a buy, 22 brokers rating the stock a hold, 1 analyst rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $70.43.
General Company Details For L Brands LB (NYSE:LB)
L Brands, Inc. operates specialty retail business. The Company is focused on women's intimate and other apparel, personal care, beauty and home fragrance categories. Its segments include Victoria's Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It sells its merchandise through company-owned specialty retail stores in the United States, Canada, the United Kingdom and Greater China, which are mall-based; through Websites, and through international franchise, license and wholesale partners. It operates in the retail brands, which include Victoria's Secret, PINK, Bath & Body Works and La Senza. La Senza is a specialty retailer of women's intimate apparel. It sells its La Senza products at over 120 La Senza stores in Canada. Henri Bendel sells handbags, jewelry and other accessory products through New York and 28 other stores. Mast Global is a merchandise sourcing and production function serving the Company and its international partners.
The post A report released today by Oppenheimer about L Brands LB (NYSE:LB) raises the target price to $62.00 appeared first on Octafinance.