Victoria's Secret & Co. (NYSE:VSCO) Given New $27.00 Price Target at Morgan Stanley

Key Points

• Morgan Stanley has increased Victoria's Secret & Co.'s price target from $20.00 to $27.00, indicating an expected upside of 3.33% from the stock's previous close.
• The stock is currently rated as "equal weight" by Morgan Stanley, while other analysts have provided varied ratings, with three rating it as a Buy and three as a Sell.
• Victoria's Secret recently reported earnings of $0.33 per share, surpassing the consensus estimate and showing a revenue increase of 2.9% year-over-year to $1.46 billion.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) had its price target increased by equities research analysts at Morgan Stanley from $20.00 to $27.00 in a research note issued on Friday,Benzinga reports. The firm presently has an "equal weight" rating on the stock. Morgan Stanley's target price indicates a potential upside of 3.33% from the stock's previous close.

A number of other research analysts have also weighed in on the stock. Barclays raised their price objective on shares of Victoria's Secret & Co. from $23.00 to $27.00 and gave the company an "overweight" rating in a research note on Friday, August 29th. Bank of America increased their target price on shares of Victoria's Secret & Co. from $18.00 to $21.00 and gave the company an "underperform" rating in a report on Friday, August 29th. UBS Group increased their target price on shares of Victoria's Secret & Co. from $21.00 to $25.00 and gave the company a "neutral" rating in a report on Friday, August 29th. Wells Fargo & Company increased their target price on shares of Victoria's Secret & Co. from $14.00 to $17.00 and gave the company an "underweight" rating in a report on Friday, August 29th. Finally, Telsey Advisory Group reiterated a "market perform" rating and issued a $24.00 target price on shares of Victoria's Secret & Co. in a report on Thursday, August 28th. Three research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $26.18.

Victoria's Secret & Co. Stock Down 3.3%

NYSE VSCO traded down $0.89 on Friday, hitting $26.13. 715,048 shares of the company were exchanged, compared to its average volume of 3,446,953. The company has a market cap of $2.09 billion, a PE ratio of 14.56, a PEG ratio of 1.40 and a beta of 2.20. Victoria's Secret & Co. has a 12 month low of $13.76 and a 12 month high of $48.73. The stock has a fifty day moving average of $21.54 and a 200-day moving average of $20.50. The company has a current ratio of 1.14, a quick ratio of 0.33 and a debt-to-equity ratio of 1.48.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last issued its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share (EPS) for the quarter, topping 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 business had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the firm earned $0.40 earnings per share. Victoria's Secret & Co.'s revenue was up 2.9% on a year-over-year basis. Victoria's Secret & Co. has set its Q3 2025 guidance at -0.75--0.550 EPS. FY 2025 guidance at EPS. As a group, analysts forecast that Victoria's Secret & Co. will post 2.37 earnings per share for the current year.

Institutional Trading of Victoria's Secret & Co.

Several hedge funds have recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans raised its position in Victoria's Secret & Co. by 1.7% in the second quarter. Thrivent Financial for Lutherans now owns 58,707 shares of the company's stock worth $1,087,000 after acquiring an additional 958 shares during the period. Public Sector Pension Investment Board raised its position in shares of Victoria's Secret & Co. by 9.1% in the second quarter. Public Sector Pension Investment Board now owns 272,146 shares of the company's stock valued at $5,040,000 after purchasing an additional 22,803 shares during the period. FORA Capital LLC raised its position in shares of Victoria's Secret & Co. by 48.8% in the second quarter. FORA Capital LLC now owns 33,906 shares of the company's stock valued at $628,000 after purchasing an additional 11,117 shares during the period. Tower Research Capital LLC TRC raised its position in shares of Victoria's Secret & Co. by 220.1% in the second quarter. Tower Research Capital LLC TRC now owns 16,645 shares of the company's stock valued at $308,000 after purchasing an additional 11,445 shares during the period. Finally, Corient Private Wealth LLC raised its position in shares of Victoria's Secret & Co. by 194.0% in the second quarter. Corient Private Wealth LLC now owns 45,588 shares of the company's stock valued at $844,000 after purchasing an additional 30,084 shares during the period. 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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