Skip to main content

Market Overview

L Brands 'Still Very Sexy' At Topeka, Buy Rating Initiated


In a report published Monday, Topeka Capital Markets analyst Dorothy Lakner initiated coverage of L Brands Inc (NYSE: LB) with a Buy rating and $106 price target, as its two powerful brands have plenty of room to grow both domestically and internationally.

Lakner argued that Victoria's Secret has a "big market share" domestically, but has only just begun to grow internationally. On the other hand, Bath & Body Works "dominates its space" and generates higher margins than Victoria Secret.

Bottom line, L Brands has a strong management team coupled with strong cash flows and shareholder returns, making it a "core holding" for any consumer portfolio.

Shares traded recently at $93.93, up 0.55 percent.

Latest Ratings for LB

Feb 2021Credit SuisseMaintainsNeutral
Feb 2021Morgan StanleyUpgradesEqual-WeightOverweight
Feb 2021Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for LB
View the Latest Analyst Ratings


Related Articles (LB)

View Comments and Join the Discussion!

Posted-In: Bath & Body Works Dorothy Lakner retailers Topeka Capital Markets Victoria's SecretAnalyst Color Initiation Analyst Ratings

Latest Ratings

NTRSMorgan StanleyMaintains131.0
NTRAMorgan StanleyMaintains140.0
MUMorgan StanleyMaintains105.0
MRVLMorgan StanleyMaintains49.0
TPLBWS FinancialMaintains1,700.0
View the Latest Analytics Ratings
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at