Telsey Advisory Group has reiterated its coverage of Victoria’s Secret (NYSE:VSCO) with a Market Perform rating, according to Fintel. The average one-year price target for Victoria’s Secret is $44.09, with estimates ranging from $27.27 to $57.75, indicating an increase of 87.05% from its latest closing price of $23.57. Victoria’s Secret is projected to earn $5.17 in non-GAAP EPS and generate $6,596MM in annual revenue, an increase of 3.97%.
Institutions owning shares in Victoria’s Secret totaled 644 funds and institutions reporting positions, with a decrease of 0.54% in the average portfolio weight of all funds dedicated to VSCO. Windacre Partnership’s ownership of the company decreased by 1.03% over the last quarter, while Wellington Management Group Llp’s decreased by 7.80%. Point72 Asset Management increased its portfolio allocation in VSCO by 84.37% over the last quarter.
Victoria’s Secret serves customers worldwide by retailing apparel, accessories, personal care, and beauty products exclusively for women.
Source: Fintel.
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