Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) had its price target boosted by equities researchers at Telsey Advisory Group from $45.00 to $50.00 in a research report issued to clients and investors on Monday, Marketbeat Ratings reports. The firm currently has a “market perform” rating on the stock. Telsey Advisory Group’s price objective would indicate a potential downside of 4.66% from the stock’s current price.
Other analysts also recently issued reports about the company. UBS Group increased their price target on Victoria’s Secret & Co. from $46.00 to $60.00 and gave the stock a “buy” rating in a report on Monday. Zacks Research upgraded Victoria’s Secret & Co. to a “hold” rating in a report on Monday, August 11th. The Goldman Sachs Group boosted their price target on Victoria’s Secret & Co. from $32.00 to $47.00 and gave the company a “neutral” rating in a research note on Monday. Wells Fargo & Company lifted their price objective on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research note on Friday, August 29th. Finally, Jefferies Financial Group cut their target price on shares of Victoria’s Secret & Co. from $28.00 to $26.00 and set a “buy” rating on the stock in a research note on Friday, August 29th. Six equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, Victoria’s Secret & Co. presently has an average rating of “Hold” and an average target price of $45.00.
View Our Latest Research Report on VSCO
Victoria’s Secret & Co. Stock Performance
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last issued its quarterly earnings results on Friday, December 5th. The company reported ($0.27) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.60) by $0.33. Victoria’s Secret & Co. had a net margin of 2.67% and a return on equity of 33.47%. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the previous year, the company earned ($0.50) EPS. The company’s revenue for the quarter was up 9.2% on a year-over-year basis. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. As a group, research analysts forecast that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.
Institutional Trading of Victoria’s Secret & Co.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtus Advisers LLC bought a new stake in Victoria’s Secret & Co. during the first quarter worth $30,000. Aster Capital Management DIFC Ltd purchased a new position in Victoria’s Secret & Co. during the 3rd quarter worth $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Victoria’s Secret & Co. in the 2nd quarter worth $35,000. Hara Capital LLC purchased a new stake in shares of Victoria’s Secret & Co. in the second quarter valued at about $36,000. Finally, State of Wyoming purchased a new position in Victoria’s Secret & Co. during the third quarter worth about $48,000. 90.29% of the stock is owned by institutional investors.
About Victoria’s Secret & Co.
Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.
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