Victoria's Secret & Co. (NYSE:VSCO) Price Target Raised to $28.00

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 price target increased by research analysts at JPMorgan Chase & Co. from $27.00 to $28.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price would indicate a potential upside of 5.63% from the stock's current price.

VSCO has been the subject of several other research reports. Telsey Advisory Group reiterated a "market perform" rating and issued a $24.00 price objective on shares of Victoria's Secret & Co. in a research note on Thursday, August 28th. UBS Group increased their price objective on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a research note on Friday, August 29th. Morgan Stanley increased their target price on shares of Victoria's Secret & Co. from $20.00 to $27.00 and gave the company an "equal weight" rating in a research report on Friday, September 12th. Wall Street Zen raised shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Finally, Jefferies Financial Group reduced their target price on shares of Victoria's Secret & Co. from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, August 29th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $26.27.

Victoria's Secret & Co. Stock Down 3.7%

Shares of NYSE VSCO traded down $1.02 during trading on Monday, hitting $26.51. 975,979 shares of the company traded hands, compared to its average volume of 3,433,619. The business's fifty day moving average is $22.22 and its 200 day moving average is $20.50. Victoria's Secret & Co. has a fifty-two week low of $13.76 and a fifty-two week high of $48.73. The firm has a market capitalization of $2.12 billion, a price-to-earnings ratio of 14.73, a P/E/G ratio of 1.46 and a beta of 2.20. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.36 and a current ratio of 1.14.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last announced its quarterly earnings data on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate 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 firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the business earned $0.40 earnings per share. The business's quarterly revenue 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. Equities research analysts predict that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the business. Primecap Management Co. CA boosted its holdings in Victoria's Secret & Co. by 1,586.7% in the 2nd quarter. Primecap Management Co. CA now owns 1,972,333 shares of the company's stock valued at $36,528,000 after purchasing an additional 1,855,400 shares during the period. Millennium Management LLC boosted its holdings in Victoria's Secret & Co. by 9,595.8% in the 1st quarter. Millennium Management LLC now owns 1,419,080 shares of the company's stock valued at $26,367,000 after purchasing an additional 1,404,444 shares during the period. Goldentree Asset Management LP boosted its holdings in Victoria's Secret & Co. by 71.8% in the 2nd quarter. Goldentree Asset Management LP now owns 2,989,087 shares of the company's stock valued at $55,242,000 after purchasing an additional 1,249,065 shares during the period. Marshall Wace LLP boosted its holdings in Victoria's Secret & Co. by 2,729.6% in the 2nd quarter. Marshall Wace LLP now owns 923,823 shares of the company's stock valued at $17,109,000 after purchasing an additional 891,175 shares during the period. Finally, Cramer Rosenthal Mcglynn LLC boosted its holdings in Victoria's Secret & Co. by 163.0% in the 1st quarter. Cramer Rosenthal Mcglynn LLC now owns 1,406,865 shares of the company's stock valued at $26,140,000 after purchasing an additional 871,968 shares during the period. 90.29% of the stock is owned by institutional investors.

Victoria's Secret & Co. Company Profile

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.