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

Victoria’s Secret & Co. (NYSE:VSCO) had its price objective hoisted by investment analysts at Barclays from $65.00 to $80.00 in a report issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Barclays‘s price target points to a potential upside of 31.00% from the company’s previous close.

VSCO has been the subject of several other research reports. Wells Fargo & Company set a $45.00 price objective on shares of Victoria’s Secret & Co. and gave the stock an “equal weight” rating in a research report on Tuesday, December 16th. Zacks Research downgraded shares of Victoria’s Secret & Co. from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. JPMorgan Chase & Co. upgraded shares of Victoria’s Secret & Co. from a “neutral” rating to an “overweight” rating and increased their price target for the stock from $34.00 to $60.00 in a research report on Friday, December 5th. TD Cowen reissued a “hold” rating on shares of Victoria’s Secret & Co. in a research note on Monday, December 8th. Finally, Weiss Ratings upgraded Victoria’s Secret & Co. from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, February 6th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Victoria’s Secret & Co. currently has a consensus rating of “Moderate Buy” and an average target price of $59.00.

Victoria’s Secret & Co. Price Performance

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

Victoria’s Secret & Co. (NYSE:VSCO) last released its earnings results on Friday, December 5th. The company reported ($0.27) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.60) by $0.33. The firm had revenue of $1.47 billion during the quarter, compared to the consensus estimate 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 revenue was up 9.2% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.50) EPS. 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. As a group, equities research analysts expect that Victoria’s Secret & Co. will post 2.37 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Victoria’s Secret & Co.

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Victoria’s Secret & Co. in the fourth quarter valued at approximately $33,000. Hantz Financial Services Inc. lifted its stake in shares of Victoria’s Secret & Co. by 104.3% in the 4th quarter. Hantz Financial Services Inc. now owns 811 shares of the company’s stock valued at $44,000 after acquiring an additional 414 shares during the last quarter. DV Equities LLC acquired a new stake in shares of Victoria’s Secret & Co. during the 4th quarter valued at $49,000. Leonteq Securities AG bought a new stake in Victoria’s Secret & Co. during the 4th quarter worth $54,000. Finally, Aster Capital Management DIFC Ltd bought a new stake in Victoria’s Secret & Co. during the 3rd quarter worth $30,000. Institutional investors own 90.29% of the company’s stock.

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.