Are Analysts Bullish L Brands Inc (NYSE:LB) After Last Week?

July 18, 2017 - By Stephen Andrade

 Are Analysts Bullish L Brands Inc (NYSE:LB) After Last Week?
Investors sentiment increased to 1.06 in Q4 2016. Its up 0.10, from 0.96 in 2016Q3. It increased, 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.
Horizon Kinetics Limited Liability Company owns 0.76% invested in L Brands Inc (NYSE:LB) for 359,619 shares. Pictet And Cie (Europe) reported 12,410 shares. Ensemble Capital Mngmt Limited Com reported 336,200 shares. Huntington Natl Bank holds 0.03% of its portfolio in L Brands Inc (NYSE:LB) for 22,709 shares. Creative Planning has invested 0% in L Brands Inc (NYSE:LB). Federated Investors Pa has 0% invested in L Brands Inc (NYSE:LB) for 7,001 shares. Northwestern Mutual Wealth invested in 0.01% or 11,210 shares. D E Shaw And reported 103,089 shares. First Republic Investment, California-based fund reported 10,362 shares. Investors Asset Mngmt Of Georgia Incorporated Ga Adv, Georgia-based fund reported 3,344 shares. Salzman And holds 36.96% of its portfolio in L Brands Inc (NYSE:LB) for 156,785 shares. Peak6 Investments L P reported 0.01% of its portfolio in L Brands Inc (NYSE:LB). Bancorporation Of Ny Mellon holds 2.19 million shares. Moreover, Usca Ria Ltd Liability Company has 0.46% invested in L Brands Inc (NYSE:LB). Alecta Pensionsforsakring Omsesidigt holds 6.65% or 10.93 million shares in its portfolio.

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. Wells Fargo initiated the shares of LB in report on Thursday, October 22 with “Market Perform” rating. The stock of L Brands Inc (NYSE:LB) has “Buy” rating given on Thursday, September 3 by Mizuho. The rating was maintained by Cowen & Co on Saturday, August 22 with “Outperform”. The rating was maintained by Mizuho on Wednesday, November 4 with “Buy”. RBC Capital Markets maintained it with “Hold” rating and $5500 target in Monday, June 19 report. Atlantic Securities downgraded the stock to “Neutral” rating in Thursday, February 23 report. The stock of L Brands Inc (NYSE:LB) has “Sector Perform” rating given on Wednesday, November 2 by RBC Capital Markets. As per Wednesday, August 12, the company rating was downgraded by BMO Capital Markets. Cowen & Co maintained the stock with “Outperform” rating in Thursday, September 3 report. The stock of L Brands Inc (NYSE:LB) earned “Neutral” rating by Wedbush on Friday, November 20. 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: Barrons.com which released: “The Biggest Loser: L Brands Tumbles 14%” on July 06, 2017, also Thestreet.com with their article: “L Brands Is Fighting an Uphill Battle” published on July 07, 2017, Investorplace.com published: “Why L Brands Inc (LB) Stock Can and Will Go MUCH Lower” on July 11, 2017. More interesting news about L Brands Inc (NYSE:LB) were released by: Seekingalpha.com and their article: “L Brands – 3000 Stores And Growing, A Tenant Profile” published on June 22, 2017 as well as Barrons.com‘s news article titled: “L Brands: Stumble. Stumble. Stumble. Trip!” with publication date: July 06, 2017.

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