JPMorgan Chase & Co. Issues Positive Forecast for Victoria's Secret & Co. (NYSE:VSCO) Stock Price

Key Points

• JPMorgan Chase & Co. has raised its price target for Victoria's Secret & Co. (NYSE:VSCO) from $27.00 to $28.00, suggesting a potential upside of 2.22% from the previous close.
• Various analysts, including those from Goldman Sachs and Barclays, have issued differing ratings and price targets, indicating mixed sentiments with a consensus rating of "Hold" for the stock.
• Victoria's Secret recently posted earnings that exceeded analyst expectations, reporting a revenue of $1.46 billion and earnings per share (EPS) of $0.33 for the last quarter.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) had its target price hoisted by analysts at JPMorgan Chase & Co. from $27.00 to $28.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm presently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price would suggest a potential upside of 2.22% from the company's previous close.

VSCO has been the topic of several other research reports. The Goldman Sachs Group increased their price target on shares of Victoria's Secret & Co. from $16.00 to $18.00 and gave the stock a "sell" rating in a research report on Friday, August 29th. Morgan Stanley upped their target price on shares of Victoria's Secret & Co. from $20.00 to $27.00 and gave the stock an "equal weight" rating in a research note on Friday. Wall Street Zen upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research note on Friday, August 22nd. Wells Fargo & Company increased their price target 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, Barclays increased their price target on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the stock an "overweight" rating in a research note on Friday, August 29th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, Victoria's Secret & Co. presently has a consensus rating of "Hold" and a consensus target price of $26.27.

Victoria's Secret & Co. Trading Up 3.6%

Shares of VSCO stock opened at $27.39 on Monday. The company's 50-day moving average price is $21.66 and its 200-day moving average price is $20.38. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of 15.10, a PEG ratio of 1.44 and a beta of 2.19. Victoria's Secret & Co. has a twelve month low of $13.76 and a twelve month high of $48.73.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last posted its earnings results on Thursday, August 28th. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company had revenue of $1.46 billion for the quarter, compared to analysts' expectations of $1.40 billion. During the same quarter in the prior year, the company posted $0.40 earnings per share. Victoria's Secret & Co.'s revenue for the quarter was up 2.9% compared to the same quarter last year. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, equities analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Institutional Trading of Victoria's Secret & Co.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Virtus Advisers LLC purchased a new stake in Victoria's Secret & Co. during the 1st quarter worth about $30,000. Caitong International Asset Management Co. Ltd purchased a new stake in Victoria's Secret & Co. during the 2nd quarter worth about $35,000. Hara Capital LLC purchased a new stake in Victoria's Secret & Co. during the 2nd quarter worth about $36,000. NBC Securities Inc. increased its position in Victoria's Secret & Co. by 141,000.0% during the 1st quarter. NBC Securities Inc. now owns 2,822 shares of the company's stock worth $52,000 after purchasing an additional 2,820 shares in the last quarter. Finally, Allworth Financial LP grew its holdings in Victoria's Secret & Co. by 677.4% in the 1st quarter. Allworth Financial LP now owns 3,063 shares of the company's stock valued at $57,000 after buying an additional 2,669 shares during the period. Hedge funds and other institutional investors own 90.29% of the company's stock.

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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