Market Overview

L Brands Upgraded By Vetr Crowd

Share:

L Brands Inc. (NYSE: LB) shares have traded down about 26 percent over the last six months, but the Vetr community has upgraded the stock from 1.5 to 2 stars.

On June 9, Morgan Stanley’s Kimberly Greenberger pointed out that L Brands has competed decently well with online outlets such as Amazon.com, Inc. (NASDAQ: AMZN) due to some of its stores selling products that cater better toward a walk in experience as opposed to an online experience, such as Victoria’s Secret.

See how crowdsourced ratings can help predict the market?

Vetr members have given L Brands a Sell rating and a $46.34 price target. This price target is lower than the $61.85 price target from Wall Street analysts. The stock closed Monday at $51.87.

Of all Vetr raters, about 72 percent believe traders and investors should buy L Brands stock.

For Vetr’s full analysis of L Brands, go here.

Latest Ratings for LB

DateFirmActionFromTo
Oct 2020Morgan StanleyMaintainsEqual-Weight
Aug 2020MKM PartnersUpgradesNeutralBuy
Aug 2020Morgan StanleyMaintainsEqual-Weight

View More Analyst Ratings for LB
View the Latest Analyst Ratings

 

Related Articles (LB)

View Comments and Join the Discussion!

Posted-In: VetrUpgrades Crowdsourcing Analyst Ratings General

Latest Ratings

StockFirmActionPT
HTBairdMaintains6.0
DRHBairdMaintains7.0
BHRBairdMaintains5.0
AHTBairdMaintains3.0
VCELBTIGMaintains30.0
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.
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 vipaccounts@benzinga.com