Telsey Advisory Group Increases Victoria’s Secret & Co. (NYSE:VSCO) Price Target to $27.00

Victoria’s Secret & Co. (NYSE:VSCO) had its price objective upped by Telsey Advisory Group from $24.00 to $27.00 in a report published on Thursday morning, Marketbeat Ratings reports. They currently have a market perform rating on the stock. Telsey Advisory Group also issued estimates for Victoria’s Secret & Co.’s FY2025 earnings at $1.97 EPS and Q4 2026 earnings at $2.23 EPS.

A number of other equities research analysts have also issued reports on the stock. Bank of America upped their target price on shares of Victoria’s Secret & Co. from $15.00 to $18.00 and gave the company an underperform rating in a research note on Thursday, August 15th. The Goldman Sachs Group upped their price objective on Victoria’s Secret & Co. from $15.00 to $17.00 and gave the company a sell rating in a research note on Thursday, August 15th. Wells Fargo & Company lifted their target price on Victoria’s Secret & Co. from $25.00 to $28.00 and gave the stock an overweight rating in a research report on Thursday, August 15th. Barclays upped their price target on Victoria’s Secret & Co. from $17.00 to $19.00 and gave the company an underweight rating in a research report on Thursday, August 15th. Finally, JPMorgan Chase & Co. raised their price objective on Victoria’s Secret & Co. from $15.00 to $16.00 and gave the stock an underweight rating in a research note on Friday, May 17th. Five investment analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of Hold and a consensus price target of $22.64.

Victoria’s Secret & Co. Price Performance

Shares of NYSE VSCO opened at $23.46 on Thursday. The company has a quick ratio of 0.28, a current ratio of 0.97 and a debt-to-equity ratio of 2.51. Victoria’s Secret & Co. has a fifty-two week low of $13.62 and a fifty-two week high of $30.80. The business has a 50 day moving average price of $19.49 and a two-hundred day moving average price of $20.30. The firm has a market cap of $1.84 billion, a PE ratio of 18.05, a price-to-earnings-growth ratio of 1.30 and a beta of 2.08.

Victoria’s Secret & Co. (NYSE:VSCO) last released its quarterly earnings results on Wednesday, June 5th. The company reported $0.12 earnings per share for the quarter, topping analysts’ consensus estimates of $0.11 by $0.01. The business had revenue of $1.36 billion during the quarter, compared to the consensus estimate of $1.36 billion. Victoria’s Secret & Co. had a net margin of 1.71% and a return on equity of 46.52%. The business’s quarterly revenue was down 3.4% compared to the same quarter last year. During the same quarter last year, the company earned $0.28 earnings per share. Sell-side analysts expect that Victoria’s Secret & Co. will post 1.97 earnings per share for the current fiscal year.

Institutional Trading of Victoria’s Secret & Co.

A number of large investors have recently modified their holdings of VSCO. PNC Financial Services Group Inc. grew its position in Victoria’s Secret & Co. by 5.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 11,203 shares of the company’s stock valued at $297,000 after buying an additional 628 shares in the last quarter. Norges Bank acquired a new position in Victoria’s Secret & Co. during the fourth quarter worth about $8,986,000. Natixis raised its position in Victoria’s Secret & Co. by 1,100,000.0% in the first quarter. Natixis now owns 275,025 shares of the company’s stock worth $5,330,000 after acquiring an additional 275,000 shares in the last quarter. River Global Investors LLP lifted its holdings in Victoria’s Secret & Co. by 18.1% in the 4th quarter. River Global Investors LLP now owns 43,697 shares of the company’s stock valued at $1,160,000 after acquiring an additional 6,694 shares during the last quarter. Finally, ARGA Investment Management LP boosted its position in shares of Victoria’s Secret & Co. by 221.7% during the 4th quarter. ARGA Investment Management LP now owns 72,147 shares of the company’s stock valued at $1,915,000 after purchasing an additional 49,718 shares in the last quarter. 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 specialty retailer of women's intimate, and other apparel and beauty products worldwide. It offers bras, panties, lingerie, casual sleepwear, and athleisure and swim, as well as fragrances and body care; and loungewear, knit tops, activewear, and accessories and beauty under the Victoria's Secret, PINK, and Adore Me brands.