Were Analysts Bullish L Brands Inc (NYSE:LB) This Week?

July 18, 2017 - By test

 Were Analysts Bullish L Brands Inc (NYSE:LB) This Week?
Investors sentiment increased to 1.06 in 2016 Q4. Its up 0.10, from 0.96 in 2016Q3. It is positive, as 61 investors sold L Brands Inc shares while 145 reduced holdings. 59 funds opened positions while 159 raised stakes. 210.77 million shares or 1.15% more from 208.38 million shares in 2016Q3 were reported.
Acadian Asset Mngmt Ltd Liability Corp holds 0% or 637 shares in its portfolio. Aberdeen Asset Mgmt Public Ltd Co Uk holds 0.01% or 52,554 shares in its portfolio. Raymond James & Associates reported 0.01% stake. Kbc Group Incorporated Nv reported 28,227 shares. State Of Wisconsin Invest Board holds 0.04% in L Brands Inc (NYSE:LB) or 132,588 shares. Morgan Stanley, a New York-based fund reported 5.64M shares. Disciplined Growth Invsts Inc Mn has 1.46 million shares for 2.2% of their portfolio. Cam Gp A S reported 3.72 million shares or 4.73% of all its holdings. Ridgeworth Cap Mgmt Ltd Liability Company holds 79,849 shares or 0.04% of its portfolio. Pictet Asset Management Ltd invested 0.19% of its portfolio in L Brands Inc (NYSE:LB). Public Employees Retirement Association Of Colorado reported 46,934 shares stake. D E Shaw Com owns 103,089 shares. The Michigan-based Ls Ltd Company has invested 0.03% in L Brands Inc (NYSE:LB). Utah Retirement reported 0.07% in L Brands Inc (NYSE:LB). Apg Asset Mgmt Nv has 0.17% invested in L Brands Inc (NYSE:LB) for 1.42 million shares.

L Brands Inc (NYSE:LB) Ratings Coverage

Among 29 analysts covering L Brands (NYSE:LB), 9 have Buy rating, 3 Sell and 17 Hold. Therefore 31% are positive. L Brands has $115 highest and $3500 lowest target. $68.42’s average target is 50.44% above currents $45.48 stock price. L Brands had 116 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of L Brands Inc (NYSE:LB) earned “Buy” rating by Citigroup on Monday, November 14. KeyBanc Capital Markets downgraded the stock to “Underweight” rating in Wednesday, March 22 report. The firm has “Neutral” rating by Citigroup given on Wednesday, October 7. The stock of L Brands Inc (NYSE:LB) earned “Hold” rating by Piper Jaffray on Thursday, July 13. The stock of L Brands Inc (NYSE:LB) has “Outperform” rating given on Friday, March 17 by FBR Capital. Atlantic Securities downgraded the stock to “Neutral” rating in Thursday, February 23 report. The company was downgraded on Wednesday, August 12 by BMO Capital Markets. Robert W. Baird downgraded L Brands Inc (NYSE:LB) on Thursday, May 19 to “Neutral” rating. Cantor Fitzgerald maintained the stock with “Hold” rating in Friday, September 4 report. As per Friday, May 5, the company rating was maintained by Jefferies. Below is a list of L Brands Inc (NYSE:LB) latest ratings and price target changes.

13/07/2017 Broker: Piper Jaffray Rating: Hold New Target: $48.0000 Maintain
11/07/2017 Broker: FBR Capital Rating: Buy New Target: $60.0000 Maintain
05/07/2017 Broker: BMO Capital Markets Rating: Hold New Target: $52.0000 Maintain
07/07/2017 Broker: Wolfe Research Rating: Peer Perform Old Target: $52.00 New Target: $48.00 Maintain
06/07/2017 Broker: Oppenheimer Rating: Buy Maintain
05/07/2017 Broker: FBR Capital Rating: Buy New Target: $60.0000 Maintain
27/06/2017 Broker: FBR Capital Rating: Buy New Target: $60.0000 Maintain
20/06/2017 Broker: Oppenheimer Rating: Buy Maintain
19/06/2017 Broker: RBC Capital Markets Rating: Hold New Target: $55.0000 Maintain
06/06/2017 Broker: Jefferies Rating: Sell New Target: $35.0000 Maintain

The stock decreased 0.13% or $0.06 on July 17, reaching $45.48. About shares traded. L Brands Inc (NYSE:LB) has declined 19.19% since July 18, 2016 and is downtrending. It has underperformed by 35.89% the S&P500.

L Brands, Inc. operates specialty retail business. The company has market cap of $13.03 billion. The Firm is focused on women’s intimate and other apparel, personal care, beauty and home fragrance categories. It has a 12.02 P/E ratio. The Company’s divisions include Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International.

More notable recent L Brands Inc (NYSE:LB) news were published by: Nasdaq.com which released: “Why Is L Brands (LB) Up 4.8% Since the Last Earnings Report?” on June 19, 2017, also Seekingalpha.com with their article: “L Brands – 3000 Stores And Growing, A Tenant Profile” published on June 22, 2017, Seekingalpha.com published: “L Brands – Victoria’s Secret Direct Sales Are Bleeding” on July 13, 2017. More interesting news about L Brands Inc (NYSE:LB) were released by: Barrons.com and their article: “L Brands: Stumble. Stumble. Stumble. Trip!” published on July 06, 2017 as well as Investorplace.com‘s news article titled: “Why General Electric Company (GE), L Brands Inc (LB) and Yum China Holdings …” with publication date: July 06, 2017.

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