In a report released today, Dana Telsey from Telsey Advisory maintained a Hold rating on Victoria’s Secret (VSCO – Research Report), with a price target of $29.00. The company’s shares closed yesterday at $28.56.
According to TipRanks, Telsey is a 3-star analyst with an average return of 2.7% and a 44.48% success rate. Telsey covers the Consumer Cyclical sector, focusing on stocks such as Wolverine World Wide, Birkenstock Holding plc, and Bath & Body Works.
Victoria’s Secret has an analyst consensus of Moderate Buy, with a price target consensus of $28.40.
See today’s best-performing stocks on TipRanks >>
Based on Victoria’s Secret’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $1.27 billion and a GAAP net loss of $71 million. In comparison, last year the company earned a revenue of $1.32 billion and had a net profit of $24 million
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Victoria’s Secret (VSCO) Company Description:
Victoria’s Secret & Co is a specialty retailer of lingerie, pajamas, and beauty products with prestige fragrances and body care. It serves customers at its Lingerie and Beauty stores around the globe and online enabling them to shop the brand anywhere and anytime.
Read More on VSCO:
- Victoria’s Secret price target raised to $34 from $29 at BofA
- Victoria’s Secret & Co. Invites You to Listen to the Fourth Quarter 2023 Earnings Call Webcast
- Victoria’s Secret holder BBRC plans talks with board
- Victoria’s Secret upgraded to Overweight from Equal Weight at Wells Fargo
- Victoria’s Secret to create AI-powered shopping experiences with Google Cloud
