|Bid||31.56 x 800|
|Ask||32.35 x 900|
|Day's range||31.30 - 33.12|
|52-week range||8.00 - 33.12|
|Beta (5Y monthly)||1.66|
|PE ratio (TTM)||N/A|
|Earnings date||18 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||20 Feb 2020|
|1y target est||30.67|
A JP Morgan analyst believes L Brands (NYSE: LB) may have turned the corner on its woes, after an extremely rocky start to the year when the COVID-19 pandemic ended a chance to divest its ailing, controversial Victoria's Secret brand. Seeing a brighter future ahead for the company, analyst Matthew Boss set a December 2021 price target of $42 per share, Seeking Alpha reports, representing a roughly 30% upside. Labeled as a "Value Idea" and added to JP Morgan's "Analyst Focus List," L Brands received the analyst thumbs-up because of several factors.
L Brands (LB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
L Brands' (LB) Victoria's Secret U.K. and Next PLC form a joint venture, wherein the latter will buy a 51% stake.