L Brands (LB) Shares are Down -5.89%

L Brands (LB) : During the past 4 weeks, traders have been relatively bearish on L Brands (LB), hence the stock is down -4.09% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -6.05% relative to the S&P 500. The 4-week change in the price of the stock is -4.61% and the stock has fallen -5.89% in the past 1 week.

The stock has recorded a 20-day Moving Average of 2.74% and the 50-Day Moving Average is 3.91%.The 200 Day SMA reached 8.62%


L Brands (NYSE:LB): After opening at $70.07, the stock dipped to an intraday low of $69.33 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $71.03 and the buying power remained strong till the end. The stock closed at $70.77 for the day, a gain of 1.32% for the day session. The total traded volume was 2,049,352. The stocks close on the previous trading day was $70.77.

L Brands (LB) : Average target price received by L Brands (LB) is $75.58 with an expected standard deviation of $9.56. The most aggressive target on the stock is $90, whereas the most downbeat target is $60. 19 financial analysts are currently covering the stock.

L Brands, Inc. operates specialty retail business. The Company is a specialty retailer of womens intimate and other apparel, beauty and personal care products and accessories. It operates in three segments: Victorias Secret, which includes Victorias Secret PINK, which is the specialty retailer of womens intimate and other apparel with fashion-inspired collections, prestige fragrances, celebrated supermodels and world-famous runway shows; Bath & Body Works, which is the specialty retailer of home fragrance and personal care products, including shower gels, lotions, soaps and sanitizers, and Victorias Secret and Bath & Body Works International, which includes the Victorias Secret and Bath & Body Works company-owned and partner-operated stores outside of the United States and Canada. It sells its merchandise through company-owned specialty retail stores in the United States, Canada and the United Kingdom, which are primarily mall-based, and through its Websites and other channels.

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