Stock Mover of the Day: After Today’s Big Increase, Is L Brands Inc’s Near-Term Analysis Positive?

Stock Mover of the Day: After Today's Big Increase, Is L Brands Inc's Near Term Analysis Positive?

The stock of L Brands Inc (NYSE:LB) is a huge mover today! About 1.55 million shares traded hands. L Brands Inc (NYSE:LB) has declined 14.42% since April 18, 2016 and is downtrending. It has underperformed by 18.85% the S&P500.
The move comes after 7 months positive chart setup for the $19.85B company. It was reported on Nov, 18 by Barchart.com. We have $107.28 PT which if reached, will make NYSE:LB worth $10.52B more.

L Brands Inc (NYSE:LB) Ratings Coverage

Out of 24 analysts covering L Brands (NYSE:LB), 9 rate it a “Buy”, 2 “Sell”, while 13 “Hold”. This means 38% are positive. L Brands has been the topic of 84 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Sector Perform” rating given on Friday, August 19 by RBC Capital Markets. The firm has “Outperform” rating given on Friday, August 19 by Oppenheimer. The firm earned “Mkt Perform” rating on Friday, May 20 by FBR Capital. The rating was maintained by Mizuho with “Buy” on Wednesday, November 4. Telsey Advisory Group maintained the shares of LB in a report on Friday, May 20 with “Outperform” rating. The stock has “Outperform” rating given by Credit Suisse on Friday, November 20. The stock has “Mkt Perform” rating given by FBR Capital on Thursday, February 25. The rating was downgraded by M Partners on Thursday, May 19 to “Neutral”. On Thursday, May 19 the stock rating was downgraded by Robert W. Baird to “Neutral”. The company was maintained on Friday, May 20 by Goldman Sachs.

According to Zacks Investment Research, “L Brands, Inc. operates as a retailer of women’s intimate and other apparel, beauty and personal care products and accessories primarily in the United States. Its brand includes Victoria’s Secret, Victoria’s Secret Pink, Bath & Body Works, La Senza and Henri Bendel. The company sells its product through franchise, license, wholesale partners, websites, catalogue, and other channels. L Brands Inc., formerly known as Limited Brands Inc., is headquartered in Columbus, Ohio.”

Insitutional Activity: The institutional sentiment increased to 0.96 in Q2 2016. Its up 0.06, from 0.9 in 2016Q1. The ratio improved, as 98 funds sold all L Brands Inc shares owned while 144 reduced positions. 50 funds bought stakes while 168 increased positions. They now own 214.85 million shares or 2.03% less from 219.30 million shares in 2016Q1.
Arlington Value Capital Ltd Liability Corporation holds 3.57% of its portfolio in L Brands Inc (NYSE:LB) for 479,621 shares. Valley Advisers Inc owns 257 shares or 0.01% of their US portfolio. Baldwin Brothers Ma accumulated 0% or 10 shares. Bnp Paribas Invest Sa reported 54,448 shares or 0.03% of all its holdings. Axa has 105,000 shares for 0.03% of their US portfolio. Brown Advisory owns 4,984 shares or 0% of their US portfolio. Cypress Cap Mngmt Ltd Liability Co (Wy) reported 425 shares or 0% of all its holdings. Dekabank Deutsche Girozentrale, a Germany-based fund reported 439,144 shares. Thrivent Fincl For Lutherans holds 0.02% of its portfolio in L Brands Inc (NYSE:LB) for 77,447 shares. Ameriprise Fincl has invested 0.07% of its portfolio in L Brands Inc (NYSE:LB). Cleararc reported 6,126 shares or 0.08% of all its holdings. Sumitomo Mitsui Tru, a Japan-based fund reported 747,437 shares. Principal Gp reported 373,102 shares or 0.03% of all its holdings. Lincoln National Corporation accumulated 0.05% or 11,495 shares. Pathstone Family Office Ltd Liability accumulated 0.01% or 115 shares.

More important recent L Brands Inc (NYSE:LB) news were published by: Wsj.com which released: “L Brands CEO Says Victoria’s Secret Was Getting Stale” on November 01, 2016, also Forbes.com published article titled: “Victoria’s Secret Gives Little Lift To L Brands”, Forbes.com published: “Ex-Dividend Reminder: L Brands, National CineMedia and Avista” on November 14, 2016. More interesting news about L Brands Inc (NYSE:LB) was released by: Schaeffersresearch.com and their article: “Analyst Update: Celadon Group, Inc., Freeport-McMoRan Inc, and L Brands Inc” with publication date: November 17, 2016.

LB Company Profile

L Brands, Inc., incorporated on March 16, 1982, operates specialty retail business. The Firm is focused on women’s intimate and other apparel, personal care and beauty categories. The Firm sells its merchandise through Company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based; through Websites, and through international franchise, license and wholesale partners (collectively partners). The Firm operates through three divisions: Victoria’s Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. The Firm operates the retail brands, which include Victoria’s Secret, PINK, Bath & Body Works, La Senza and Henri Bendel. La Senza is a specialty retailer of women’s intimate apparel. The Firm sells its La Senza products at over 140 La Senza stores in Canada and online at www.LaSenza.com. Additionally, La Senza has approximately 220 stores in over 30 other countries operating under franchise, license and wholesale arrangements. Bath & Body Works is a specialty retailer of personal care, soaps, sanitizers and home fragrance products. Henri Bendel is an operator of approximately 30 specialty stores, which sells handbags, jewelry and other accessory products. Mast Global is a merchandise sourcing and production function serving the Company and its international partners.

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