The leading market experts have placed a mean price target of $78.920 on L Brands, Inc. (NYSE:LB) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.080 a share for the upcoming quarter and $3.830 for the current fiscal.
The technical analysis of L Brands, Inc. plainly substantiates that the 50-day moving average of L Brands, Inc. is $74.256, and stock is trading $-1.151 points away or -1.550% from its 50-day moving average of $74.256. Further it is trading $-2.416 or -3.199% away its 200-day moving average of $75.521. L Brands, Inc. (NYSE:LB) 52-week high is $101.110 and the 52-week low is $60.000.
This explains if the stock moves $-28.005, it will post a 52-week high. In event of +21.842% decline, a 52-week low will be hit.
Taking the valuation aspect to emphasize the valuation of L Brands, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, L Brands, Inc. (NYSE:LB) ratio came in at 17.817.
The stock last ended the trading session at $73.105 and registered a market cap of $21.02B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. L Brands, Inc. (NYSE:LB) PEG ratio is at 1.940.
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