L Brands (LB) – Analysts’ Weekly Ratings Updates

L Brands (NYSE: LB) recently received a number of ratings updates from brokerages and research firms:

  • 2/12/2018 – L Brands had its price target raised by analysts at Wolfe Research from $48.00 to $53.00. They now have a “peer perform” rating on the stock.
  • 2/8/2018 – L Brands had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $49.00 price target on the stock.
  • 2/7/2018 – L Brands was upgraded by analysts at Northcoast Research from a “neutral” rating to a “buy” rating.
  • 1/25/2018 – L Brands had its price target raised by analysts at Barclays PLC from $44.00 to $49.00. They now have an “equal weight” rating on the stock.
  • 1/17/2018 – L Brands had its “hold” rating reaffirmed by analysts at Scotiabank. They now have a $59.00 price target on the stock.
  • 1/10/2018 – L Brands was given a new $49.00 price target on by analysts at Piper Jaffray Companies. They now have a “hold” rating on the stock.
  • 1/5/2018 – L Brands was given a new $56.00 price target on by analysts at MKM Partners. They now have a “hold” rating on the stock.
  • 1/5/2018 – L Brands had its “hold” rating reaffirmed by analysts at Citigroup Inc. They now have a $58.00 price target on the stock.
  • 1/4/2018 – L Brands was given a new $48.00 price target on by analysts at Wells Fargo & Co. They now have a “hold” rating on the stock.
  • 1/2/2018 – L Brands had its price target raised by analysts at Telsey Advisory Group from $64.00 to $70.00. They now have an “outperform” rating on the stock.
  • 1/2/2018 – L Brands was upgraded by analysts at Robert W. Baird from a “neutral” rating to an “outperform” rating. They now have a $70.00 price target on the stock, up previously from $60.00.
  • 12/28/2017 – L Brands was given a new $60.00 price target on by analysts at Robert W. Baird. They now have a “hold” rating on the stock.
  • 12/22/2017 – L Brands had its “hold” rating reaffirmed by analysts at Robert W. Baird. They now have a $60.00 price target on the stock.
  • 12/19/2017 – L Brands was given a new $56.00 price target on by analysts at BMO Capital Markets. They now have a “hold” rating on the stock.
  • 12/14/2017 – L Brands had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $70.00 price target on the stock.

L Brands Inc (NYSE LB) traded down $0.14 during mid-day trading on Monday, hitting $48.51. 1,498,508 shares of the company traded hands, compared to its average volume of 4,809,697. The company has a debt-to-equity ratio of -5.10, a quick ratio of 0.60 and a current ratio of 1.45. The company has a market capitalization of $13,732.20, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.25 and a beta of 0.61. L Brands Inc has a one year low of $35.00 and a one year high of $63.10.

L Brands (NYSE:LB) last posted its quarterly earnings data on Wednesday, November 15th. The specialty retailer reported $0.30 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.30. The company had revenue of $2.62 billion for the quarter, compared to analysts’ expectations of $2.57 billion. L Brands had a net margin of 7.73% and a negative return on equity of 101.19%. L Brands’s revenue for the quarter was up 1.4% compared to the same quarter last year. During the same period in the prior year, the business earned $0.42 earnings per share. equities analysts anticipate that L Brands Inc will post 3.12 earnings per share for the current fiscal year.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 9th. Investors of record on Friday, February 23rd will be given a $0.60 dividend. This represents a $2.40 annualized dividend and a dividend yield of 4.95%. The ex-dividend date is Thursday, February 22nd. L Brands’s dividend payout ratio (DPR) is 72.95%.

In related news, Director David T. Kollat acquired 9,910 shares of the firm’s stock in a transaction that occurred on Monday, November 20th. The shares were bought at an average cost of $50.34 per share, for a total transaction of $498,869.40. Following the completion of the transaction, the director now owns 158,878 shares in the company, valued at $7,997,918.52. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 16.68% of the stock is currently owned by corporate insiders.

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.

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