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L Brands (NYSE:LB)‘s stock had its “buy” rating restated by investment analysts at Stifel Nicolaus in a note issued to investors on Thursday.

In other L Brands news, CEO Leslie H. Wexner unloaded 2,000,000 shares of L Brands stock on the open market in a transaction that occurred on Monday, August 25th. The shares were sold at an average price of $62.64, for a total transaction of $125,280,000.00. The sale was disclosed in a filing with the SEC, which is available at this link.

Several other analysts have also recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of L Brands in a research note on Monday. They now have a $67.00 price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of L Brands in a research note on Friday, August 22nd. They now have a $72.00 price target on the stock, up previously from $63.00. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of L Brands in a research note on Friday, August 22nd. They now have a $59.00 price target on the stock, down previously from $65.00. Six analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $63.17.

Shares of L Brands (NYSE:LB) traded up 1.46% on Thursday, hitting $64.62. The stock had a trading volume of 596,932 shares. L Brands has a 1-year low of $50.78 and a 1-year high of $67.12. The stock’s 50-day moving average is $60. and its 200-day moving average is $57.88. The company has a market cap of $18.865 billion and a P/E ratio of 20.43.

L Brands (NYSE:LB) last announced its earnings results on Wednesday, August 20th. The company reported $0.63 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.01. The company had revenue of $2.68 billion for the quarter. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company’s revenue for the quarter was up 6.3% on a year-over-year basis. On average, analysts predict that L Brands will post $3.19 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Friday, September 5th. Investors of record on Friday, August 22nd will be paid a dividend of $0.34 per share. This represents a $1.36 annualized dividend and a dividend yield of 2.14%. The ex-dividend date is Wednesday, August 20th.

L Brands, Inc operates in the specialty retail business. The Company is a specialty retailer of women’s intimate and other apparel, beauty and personal care products and accessories.

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