Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) had its target price increased by research analysts at Barclays from $65.00 to $80.00 in a research report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s target price points to a potential upside of 29.18% from the stock’s current price.
VSCO has been the subject of several other research reports. Morgan Stanley raised shares of Victoria’s Secret & Co. from an “equal weight” rating to an “overweight” rating and set a $60.00 price target on the stock in a report on Friday, December 5th. Wells Fargo & Company set a $45.00 target price on Victoria’s Secret & Co. and gave the stock an “equal weight” rating in a research note on Tuesday, December 16th. The Goldman Sachs Group lifted their price target on Victoria’s Secret & Co. from $47.00 to $53.00 and gave the stock a “neutral” rating in a report on Thursday, January 29th. UBS Group restated a “buy” rating on shares of Victoria’s Secret & Co. in a research note on Monday, February 23rd. Finally, Jefferies Financial Group increased their price objective on Victoria’s Secret & Co. from $57.00 to $65.00 and gave the stock a “buy” rating in a research report on Friday, December 19th. Seven analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Victoria’s Secret & Co. has an average rating of “Moderate Buy” and a consensus price target of $59.00.
Read Our Latest Report on VSCO
Victoria’s Secret & Co. Stock Up 1.2%
Victoria’s Secret & Co. (NYSE:VSCO – Get Free Report) last posted its quarterly earnings data on Friday, December 5th. The company reported ($0.27) EPS for the quarter, beating the consensus estimate 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 business had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the firm posted ($0.50) EPS. The firm’s revenue was up 9.2% compared to the same quarter last year. 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. Analysts expect that Victoria’s Secret & Co. will post 2.37 EPS for the current year.
Institutional Trading of Victoria’s Secret & Co.
Institutional investors and hedge funds have recently bought and sold shares of the stock. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Victoria’s Secret & Co. in the 4th quarter valued at $33,000. Hantz Financial Services Inc. grew its holdings in Victoria’s Secret & Co. by 104.3% in the fourth quarter. Hantz Financial Services Inc. now owns 811 shares of the company’s stock worth $44,000 after purchasing an additional 414 shares during the period. DV Equities LLC bought a new stake in Victoria’s Secret & Co. in the fourth quarter valued at $49,000. Leonteq Securities AG bought a new stake in Victoria’s Secret & Co. in the fourth quarter valued at $54,000. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Victoria’s Secret & Co. during the third quarter valued at about $30,000. 90.29% of the stock is currently owned by institutional investors and hedge funds.
Victoria’s Secret & Co. Company Profile
Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.
The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.
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