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Bath & Body Works (BBWI) Gets a Hold Rating from Barclays

Barclays analyst Adrienne Yih maintained a Hold rating on Bath & Body Works (BBWIResearch Report) on April 1 and set a price target of $53.00. The company’s shares closed last Monday at $47.82, close to its 52-week low of $45.46.

According to TipRanks.com, Yih is a 4-star analyst with an average return of 4.4% and a 47.4% success rate. Yih covers the Consumer Goods sector, focusing on stocks such as National Vision Holdings, Dick’s Sporting Goods, and Canada Goose Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Bath & Body Works with a $81.13 average price target.

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Bath & Body Works’ market cap is currently $11.34B and has a P/E ratio of 9.64.

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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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