Victoria's Secret & Co. (NYSE:VSCO) Price Target Raised to $21.00 at Bank of America

Key Points

• Bank of America raised its price target for Victoria's Secret & Co. from $18.00 to $21.00, maintaining an "underperform" rating, indicating a potential downside of 7.84% from the current price.
• Other analysts have issued mixed ratings, with Jefferies lowering their target to $26.00, while JPMorgan and Barclays raised theirs to values between $27.00 to $28.00.
• Victoria's Secret reported quarterly earnings that exceeded analyst expectations, with a net margin of 2.69% and revenue of $1.46 billion, up 2.9% year-over-year.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) had its target price boosted by equities researchers at Bank of America from $18.00 to $21.00 in a report released on Friday,Benzinga reports. The firm presently has an "underperform" rating on the stock. Bank of America's price objective would indicate a potential downside of 7.84% from the company's current price.

A number of other equities research analysts also recently weighed in on the stock. Jefferies Financial Group dropped their price target 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. JPMorgan Chase & Co. boosted their price objective on shares of Victoria's Secret & Co. from $22.00 to $27.00 and gave the company a "neutral" rating in a research report on Monday, July 28th. The Goldman Sachs Group restated a "sell" rating and set a $15.00 price objective on shares of Victoria's Secret & Co. in a research report on Wednesday, June 4th. Barclays boosted 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 report on Friday. Finally, Wall Street Zen upgraded shares of Victoria's Secret & Co. from a "sell" rating to a "hold" rating in a research report on Friday, August 22nd. Four investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $24.55.

Victoria's Secret & Co. Stock Up 0.0%

NYSE VSCO opened at $22.79 on Friday. The company has a current ratio of 1.16, a quick ratio of 0.33 and a debt-to-equity ratio of 1.60. Victoria's Secret & Co. has a 1-year low of $13.76 and a 1-year high of $48.73. The company has a 50 day moving average of $20.47 and a 200-day moving average of $20.93. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 1.25 and a beta of 2.17.

Victoria's Secret & Co. (NYSE:VSCO - Get Free Report) last released its quarterly earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating analysts' consensus estimates of $0.13 by $0.20. Victoria's Secret & Co. had a net margin of 2.69% and a return on equity of 37.76%. The company had revenue of $1.46 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the previous year, the business earned $0.40 earnings per share. The firm's quarterly 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. On average, equities research analysts expect that Victoria's Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Virtus Advisers LLC bought a new stake in shares of Victoria's Secret & Co. in the first quarter worth $30,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Victoria's Secret & Co. in the second quarter worth $35,000. Hara Capital LLC bought a new stake in shares of Victoria's Secret & Co. in the second quarter worth $36,000. CoreCap Advisors LLC grew its stake in shares of Victoria's Secret & Co. by 1,898.1% in the fourth quarter. CoreCap Advisors LLC now owns 2,058 shares of the company's stock worth $85,000 after purchasing an additional 1,955 shares during the last quarter. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of Victoria's Secret & Co. in the fourth quarter worth $112,000. 90.29% of the stock is currently owned by institutional investors and hedge funds.

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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