Having a price of $40.85, L Brands (NYSE:LB) traded 5.27% higher on the day. With the last stock price down -8.20% from the two hundred day average, compared with the Standard & Poor’s 500 Index which has increased 0.04% over the same period. LB has recorded a 50-day average of $39.15 and a two hundred day average of $46.90. Trade Volume was down over the average, with 2,613,524 shares of LB changing hands under the typical 4,323,590
Atlantic Equities has upgraded L Brands (NYSE:LB) from Neutral to Overweight in a statement released on 09/26/2017.
On 9/20/2017, Barclays Capital released a statement about L Brands (NYSE:LB) upped the target price from $0.00 to $41.00 that suggested an upside of 0.10%.
Recent Performance Chart
L Brands has PE ratio of 12.64 with a one year low of $35.00 and a one year high of $75.94 and has a market capitalization of $0.
A total of 28 brokerages have issued a ratings update on L Brands. Four brokerages rating the company a strong buy, seven brokerages rating the company a buy, twenty-two brokerages rating the company a hold, one brokerage 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 (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.
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