Key Equity Research Analysts at Robert W. Baird Kept the Same their ‘Hold’ rating for L Brands (NYSE:LB) Shares Today. Their Target is $60.0

April 17, 2018 - By sdfsdfsdf

L Brands, Inc. (NYSE:LB) Logo

Investors sentiment decreased to 1.18 in 2017 Q4. Its down 0.01, from 1.19 in 2017Q3. It is negative, as 38 investors sold L Brands, Inc. shares while 139 reduced holdings. 86 funds opened positions while 123 raised stakes. 218.87 million shares or 0.80% more from 217.14 million shares in 2017Q3 were reported.

Proshare Advisors Ltd Liability Corp reported 0.01% stake. California Public Employees Retirement stated it has 0.06% in L Brands, Inc. (NYSE:LB). Commonwealth Of Pennsylvania Pub School Empls Retrmt owns 22,089 shares. Envestnet Asset Management reported 0% stake. Advisory Networks Limited Liability Corp reported 7,973 shares. Boothbay Fund Management Limited Liability Corporation invested in 4,500 shares or 0.04% of the stock. Bartlett And Co Ltd holds 0% or 50 shares in its portfolio. Amica Retiree holds 1,500 shares or 0.07% of its portfolio. Bkd Wealth Advsr Ltd Liability Co stated it has 0.12% of its portfolio in L Brands, Inc. (NYSE:LB). Dimensional Fund Advisors Ltd Partnership owns 519,270 shares for 0.01% of their portfolio. Barclays Public Ltd Limited Liability Company holds 0.02% of its portfolio in L Brands, Inc. (NYSE:LB) for 480,600 shares. The Alabama-based Oakworth Inc has invested 0% in L Brands, Inc. (NYSE:LB). Retirement Of Alabama accumulated 119,675 shares. Artemis Invest Mngmt Llp owns 1.60 million shares. Rafferty Asset Management Ltd Liability invested in 66,605 shares.

L Brands (NYSE:LB) Rating Reaffirmed

New York: In a research report released on Friday morning, Robert W. Baird restate their Hold rating on L Brands (NYSE:LB) shares. They now have a $60.0 price target on the company. Robert W. Baird’s target indicates a potential upside of 65.56 % from the company’s last stock close.

Investors sentiment decreased to 1.18 in 2017 Q4. Its down 0.01, from 1.19 in 2017Q3. It is negative, as 38 investors sold L Brands, Inc. shares while 139 reduced holdings. 86 funds opened positions while 123 raised stakes. 218.87 million shares or 0.80% more from 217.14 million shares in 2017Q3 were reported.

Proshare Advisors Ltd Liability Corp reported 0.01% stake. California Public Employees Retirement stated it has 0.06% in L Brands, Inc. (NYSE:LB). Commonwealth Of Pennsylvania Pub School Empls Retrmt owns 22,089 shares. Envestnet Asset Management reported 0% stake. Advisory Networks Limited Liability Corp reported 7,973 shares. Boothbay Fund Management Limited Liability Corporation invested in 4,500 shares or 0.04% of the stock. Bartlett And Co Ltd holds 0% or 50 shares in its portfolio. Amica Retiree holds 1,500 shares or 0.07% of its portfolio. Bkd Wealth Advsr Ltd Liability Co stated it has 0.12% of its portfolio in L Brands, Inc. (NYSE:LB). Dimensional Fund Advisors Ltd Partnership owns 519,270 shares for 0.01% of their portfolio. Barclays Public Ltd Limited Liability Company holds 0.02% of its portfolio in L Brands, Inc. (NYSE:LB) for 480,600 shares. The Alabama-based Oakworth Inc has invested 0% in L Brands, Inc. (NYSE:LB). Retirement Of Alabama accumulated 119,675 shares. Artemis Invest Mngmt Llp owns 1.60 million shares. Rafferty Asset Management Ltd Liability invested in 66,605 shares.

L Brands, Inc. (NYSE:LB) Ratings Coverage

Among 23 analysts covering L Brands (NYSE:LB), 6 have Buy rating, 3 Sell and 14 Hold. Therefore 26% are positive. L Brands has $70 highest and $30.0 lowest target. $47.90’s average target is 32.17% above currents $36.24 stock price. L Brands had 46 analyst reports since October 26, 2017 according to SRatingsIntel. Buckingham Research maintained it with “Neutral” rating and $50 target in Friday, November 17 report. The rating was maintained by Barclays Capital on Thursday, January 25 with “Equal-Weight”. Cowen & Co maintained the stock with “Hold” rating in Thursday, February 8 report. The rating was maintained by BMO Capital Markets on Friday, November 17 with “Market Perform”. The firm earned “Outperform” rating on Tuesday, January 2 by Telsey Advisory Group. The rating was maintained by Citigroup on Friday, November 3 with “Neutral”. BMO Capital Markets maintained L Brands, Inc. (NYSE:LB) rating on Tuesday, December 19. BMO Capital Markets has “Hold” rating and $56.0 target. The stock of L Brands, Inc. (NYSE:LB) has “Hold” rating given on Wednesday, February 28 by Piper Jaffray. Credit Suisse maintained it with “Neutral” rating and $38 target in Friday, April 13 report. The firm has “Outperform” rating by RBC Capital Markets given on Friday, November 17.

The stock decreased 0.41% or $0.15 during the last trading session, reaching $36.24. About 3.25M shares traded. L Brands, Inc. (NYSE:LB) has declined 20.09% since April 17, 2017 and is downtrending. It has underperformed by 31.64% the S&P500.

Analysts await L Brands, Inc. (NYSE:LB) to report earnings on May, 16. They expect $0.19 EPS, down 42.42 % or $0.14 from last year’s $0.33 per share. LB’s profit will be $52.97M for 47.68 P/E if the $0.19 EPS becomes a reality. After $2.11 actual EPS reported by L Brands, Inc. for the previous quarter, Wall Street now forecasts -91.00 % negative EPS growth.

L Brands, Inc. operates as a specialty retailer of womenÂ’s intimate and other apparel, beauty and personal care products, and accessories. The company has market cap of $10.10 billion. The firm operates in three divisions: VictoriaÂ’s Secret, Bath & Body Works, and Victoria's Secret and Bath & Body Works International. It has a 10.6 P/E ratio. The Company’s products include loungewear, bras, panties, swimwear, athletic attire, fragrances, shower gels and lotions, aromatherapy, soaps and sanitizers, home fragrances, handbags, jewelry, and personal care accessories.

L Brands, Inc. (NYSE:LB) Institutional Positions Chart

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