Guggenheim analyst Robert Drbul maintained a Hold rating on L Brands (LB) today. The company’s shares closed last Monday at $23.42.
According to TipRanks.com, Drbul is a 5-star analyst with an average return of 9.6% and a 65.6% success rate. Drbul covers the Services sector, focusing on stocks such as National Vision Holdings, Burlington Stores, and Capri Holdings.
The word on The Street in general, suggests a Hold analyst consensus rating for L Brands with a $26.05 average price target, a 16.0% upside from current levels. In a report issued on February 11, Credit Suisse also upgraded the stock to Hold with a $24.00 price target.
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L Brands’ market cap is currently $6.8B and has a P/E ratio of 18.82. The company has a Price to Book ratio of -5.47.
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L Brands, Inc. engages in the retail business. It is focused on women’s intimate and other apparel, personal care and beauty categories. It operates its business through the following segments: Victorias Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.
