Victoria’s Secret & Co. (NYSE:VSCO) Price Target Raised to $80.00 at Barclays

Victoria’s Secret & Co. (NYSE:VSCO) had its price objective increased by stock analysts at Barclays from $65.00 to $80.00 in a research report issued to clients and investors on Monday,Benzinga reports. The firm currently has an “overweight” rating on the stock. Barclays‘s price objective indicates a potential upside of 31.00% from the stock’s current price.

Other analysts also recently issued reports about the stock. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $34.00 to $60.00 in a report on Friday, December 5th. UBS Group reaffirmed a “buy” rating on shares of Victoria’s Secret & Co. in a research report on Monday, February 23rd. Wall Street Zen upgraded Victoria’s Secret & Co. from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Telsey Advisory Group upped their price target on shares of Victoria’s Secret & Co. from $66.00 to $71.00 and gave the stock an “outperform” rating in a research report on Monday. Finally, Bank of America upgraded shares of Victoria’s Secret & Co. from an “underperform” rating to a “neutral” rating and set a $52.00 price objective on the stock in a research note on Monday, December 8th. Seven research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $59.00.

Victoria’s Secret & Co. Stock Down 2.6%

VSCO stock traded down $1.63 during trading hours on Monday, reaching $61.07. 377,262 shares of the stock were exchanged, compared to its average volume of 1,772,817. The firm’s 50-day moving average is $59.18 and its 200-day moving average is $42.22. The company has a market cap of $4.90 billion, a price-to-earnings ratio of 29.67, a PEG ratio of 2.36 and a beta of 2.18. The company has a debt-to-equity ratio of 1.96, a current ratio of 1.30 and a quick ratio of 0.38. Victoria’s Secret & Co. has a 12 month low of $13.76 and a 12 month high of $66.89.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its quarterly earnings results on Friday, December 5th. The company reported ($0.27) EPS for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. The company had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.41 billion. Victoria’s Secret & Co. had a return on equity of 33.47% and a net margin of 2.67%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.50) earnings per share. Victoria’s Secret & Co. has set its FY 2025 guidance at 2.400-2.650 EPS and its Q4 2025 guidance at 2.200-2.45 EPS. On average, equities research analysts expect that Victoria’s Secret & Co. will post 2.37 earnings per share for the current year.

Institutional Trading of Victoria’s Secret & Co.

Several hedge funds have recently added to or reduced their stakes in the company. Smartleaf Asset Management LLC increased its position in Victoria’s Secret & Co. by 11.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,935 shares of the company’s stock worth $106,000 after buying an additional 199 shares during the period. Maryland State Retirement & Pension System grew its stake in shares of Victoria’s Secret & Co. by 2.1% in the fourth quarter. Maryland State Retirement & Pension System now owns 11,725 shares of the company’s stock valued at $635,000 after acquiring an additional 245 shares in the last quarter. Oregon Public Employees Retirement Fund increased its position in Victoria’s Secret & Co. by 1.6% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 18,308 shares of the company’s stock worth $992,000 after acquiring an additional 286 shares during the period. Optimize Financial Inc raised its stake in Victoria’s Secret & Co. by 1.5% in the 4th quarter. Optimize Financial Inc now owns 23,074 shares of the company’s stock worth $1,250,000 after purchasing an additional 332 shares in the last quarter. Finally, Savvy Advisors Inc. boosted its holdings in Victoria’s Secret & Co. by 3.0% in the 3rd quarter. Savvy Advisors Inc. now owns 11,895 shares of the company’s stock valued at $323,000 after purchasing an additional 346 shares during the period. 90.29% of the stock is owned by institutional investors and hedge funds.

About Victoria’s Secret & Co.

Victoria’s Secret & Co is a leading designer, manufacturer and marketer of intimate apparel, beauty products and accessories for women. The company operates a portfolio of brands that includes Victoria’s Secret, renowned for its lingerie, bras and sleepwear; PINK, a line targeting younger consumers with activewear and lifestyle products; and Victoria’s Secret Beauty, offering fragrances, cosmetics and personal care items. Products are sold through retail stores as well as direct-to-consumer channels, including e-commerce platforms and mobile applications.

The origins of Victoria’s Secret date back to 1977, when founders Roy and Gaye Raymond opened the first store in San Francisco.