L Brands (LB) Shares are Down -1.93%

L Brands (LB) has risen sharply, recording gains of 3.19% in the past 4 weeks. However, the stock has corrected -1.93% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 3.41% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.

Company shares have received an average consensus rating of Hold for the current week The stock has recorded a twenty day Moving Average of 2.57% and the fifty day Moving Average is 7.38%. L Brands, Inc. is up 14.19% in the last three month period. Year-to-Date the stock performance stands at -16.45%.

L Brands (LB) has been rated by 19 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $90 and the lowest price target forecast is $60. The average forecast of all the analysts is $75.53 and the expected standard deviation is $9.54.


L Brands (NYSE:LB): On Fridays trading session , Opening price of the stock was $77.05 with an intraday high of $77.24. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $75.95. However, the stock managed to close at $76.26, a loss of 0.87% for the day. On the previous day, the stock had closed at $76.93. The total traded volume of the day was 959,279 shares.

L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.

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