Victoria's Secret & Co. (NYSE:VSCO) Price Target Raised to $27.00

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 - Free Report) had its target price lifted by Morgan Stanley from $20.00 to $27.00 in a research report released on Friday morning,Benzinga reports. They currently have an equal weight rating on the stock.

Other equities analysts also recently issued research reports about the company. Telsey Advisory Group restated a "market perform" rating and set a $24.00 target price on shares of Victoria's Secret & Co. in a report on Thursday, August 28th. JPMorgan Chase & Co. upped their target price on Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a report on Monday, July 28th. Wells Fargo & Company upped their target price on Victoria's Secret & Co. from $14.00 to $17.00 and gave the company an "underweight" rating in a report on Friday, August 29th. Zacks Research upgraded Victoria's Secret & Co. to a "hold" rating in a report on Monday, August 11th. Finally, Bank of America upped their target price on Victoria's Secret & Co. from $18.00 to $21.00 and gave the company an "underperform" rating in a report on Friday, August 29th. Three research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and four have issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and a consensus price target of $26.27.

Victoria's Secret & Co. Trading Up 4.7%

VSCO stock traded up $1.25 during midday trading on Friday, hitting $27.54. The company had a trading volume of 1,165,312 shares, compared to its average volume of 3,445,324. The company has a current ratio of 1.14, a quick ratio of 0.36 and a debt-to-equity ratio of 1.48. Victoria's Secret & Co. has a 52 week low of $13.76 and a 52 week high of $48.73. The stock's 50 day moving average price is $21.93 and its 200 day moving average price is $20.43. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of 15.43, a PEG ratio of 1.49 and a beta of 2.20.

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 return on equity of 33.77% and a net margin of 2.42%.The firm had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.40 earnings per share. The business'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, equities research analysts expect that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Victoria's Secret & Co.

Several institutional investors have recently modified their holdings of the business. Thrivent Financial for Lutherans boosted its position in shares of Victoria's Secret & Co. by 1.7% during the second quarter. Thrivent Financial for Lutherans now owns 58,707 shares of the company's stock valued at $1,087,000 after buying an additional 958 shares during the last quarter. Public Sector Pension Investment Board boosted its position in shares of Victoria's Secret & Co. by 9.1% during the second quarter. Public Sector Pension Investment Board now owns 272,146 shares of the company's stock valued at $5,040,000 after buying an additional 22,803 shares during the last quarter. FORA Capital LLC boosted its position in shares of Victoria's Secret & Co. by 48.8% during the second quarter. FORA Capital LLC now owns 33,906 shares of the company's stock valued at $628,000 after buying an additional 11,117 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in shares of Victoria's Secret & Co. by 220.1% during the second quarter. Tower Research Capital LLC TRC now owns 16,645 shares of the company's stock valued at $308,000 after buying an additional 11,445 shares during the last quarter. Finally, Corient Private Wealth LLC boosted its position in 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 worth $844,000 after purchasing an additional 30,084 shares during the last quarter. 90.29% of the stock is owned by hedge funds and other institutional investors.

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.