Victoria’s Secret & Co. (NYSE:VSCO) Given New $27.00 Price Target at Morgan Stanley

Victoria’s Secret & Co. (NYSE:VSCO) had its price objective increased by Morgan Stanley from $20.00 to $27.00 in a research note published on Friday,Benzinga reports. Morgan Stanley currently has an equal weight rating on the stock.

Other equities analysts have also issued research reports about the stock. Bank of America lifted their price target on shares of Victoria’s Secret & Co. from $18.00 to $21.00 and gave the stock an “underperform” rating in a report on Friday, August 29th. Telsey Advisory Group restated a “market perform” rating and issued a $24.00 target price on shares of Victoria’s Secret & Co. in a report on Thursday, August 28th. The Goldman Sachs Group boosted their target price on shares of Victoria’s Secret & Co. from $16.00 to $18.00 and gave the company a “sell” rating in a report on Friday, August 29th. UBS Group lifted their price target on shares of Victoria’s Secret & Co. from $21.00 to $25.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Finally, Wells Fargo & Company lifted their price target on shares of Victoria’s Secret & Co. from $14.00 to $17.00 and gave the company an “underweight” rating in a research note on Friday, August 29th. Three investment analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, Victoria’s Secret & Co. presently has an average rating of “Hold” and a consensus target price of $26.18.

Victoria’s Secret & Co. Stock Performance

Shares of Victoria’s Secret & Co. stock opened at $26.48 on Friday. Victoria’s Secret & Co. has a fifty-two week low of $13.76 and a fifty-two week high of $48.73. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.14 and a quick ratio of 0.33. The firm has a market capitalization of $2.12 billion, a P/E ratio of 14.71, a P/E/G ratio of 1.47 and a beta of 2.20. The company’s 50 day moving average price is $21.66 and its two-hundred day moving average price is $20.48.

Victoria’s Secret & Co. (NYSE:VSCO) last issued its earnings results on Thursday, August 28th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.20. The firm had revenue of $1.46 billion for the quarter, compared to analyst estimates of $1.40 billion. Victoria’s Secret & Co. had a net margin of 2.42% and a return on equity of 33.77%. The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter last year, the business posted $0.40 earnings per share. Victoria’s Secret & Co. has set its Q3 2025 guidance at -0.75–0.550 EPS. FY 2025 guidance at EPS. On average, equities analysts forecast 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.

A number of hedge funds have recently added to or reduced their stakes in the stock. Mercer Global Advisors Inc. ADV bought a new stake in Victoria’s Secret & Co. in the 4th quarter worth about $204,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Victoria’s Secret & Co. by 1.7% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,152 shares of the company’s stock worth $2,533,000 after purchasing an additional 1,018 shares in the last quarter. Occudo Quantitative Strategies LP bought a new stake in Victoria’s Secret & Co. in the 4th quarter worth about $213,000. Nomura Holdings Inc. bought a new stake in Victoria’s Secret & Co. in the 4th quarter worth about $2,251,000. Finally, Man Group plc bought a new stake in Victoria’s Secret & Co. in the 4th quarter worth about $829,000. Institutional investors and hedge funds own 90.29% of the company’s stock.

Victoria’s Secret & Co. Company Profile

Victoria’s Secret & Co operates as a lingerie, clothing and beauty retailer. It offers bras, panties, lingerie, pajamas, sleep, sport and swim apparel, and beauty products. The company was founded in 1963 and is headquartered in Reynoldsburg, OH.