In a report issued on February 25, Kimberly Greenberger from Morgan Stanley maintained a Buy rating on Bath & Body Works (BBWI – Research Report), with a price target of $95.00. The company’s shares closed last Friday at $54.45.
According to TipRanks.com, Greenberger is a 4-star analyst with an average return of 3.5% and a 58.5% success rate. Greenberger covers the Consumer Goods sector, focusing on stocks such as Lululemon Athletica, Abercrombie Fitch, and Victoria’s Secret.
Bath & Body Works has an analyst consensus of Strong Buy, with a price target consensus of $81.13, which is a 54.2% upside from current levels. In a report issued on February 25, Evercore ISI also maintained a Buy rating on the stock with a $100.00 price target.
The company has a one-year high of $82.00 and a one-year low of $45.88. Currently, Bath & Body Works has an average volume of 3.59M.
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L Brands, Inc. engages in the retail business. It is focused on women’s intimate and other apparel, personal care and beauty categories. It operates its business through the following segments: Victorias Secret, Bath & Body Works, and Victoria’s Secret and Bath & Body Works International. Its brands include Victorias Secret, Bath and Body Works, Pink, La Senza, and Henri Bendel. The company was founded by Leslie Herbert Wexner in 1963 and is headquartered in Columbus, OH.
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