Fintel reports that on December 10, 2024, UBS upgraded their outlook for Victoria's Secret (NYSE:VSCO) from Sell to Neutral.
Analyst Price Forecast Suggests 35.77% Downside
As of December 3, 2024, the average one-year price target for Victoria's Secret is $29.96/share. The forecasts range from a low of $18.18 to a high of $42.00. The average price target represents a decrease of 35.77% from its latest reported closing price of $46.64 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Victoria's Secret is 6,858MM, an increase of 10.49%. The projected annual non-GAAP EPS is 5.77.
What is the Fund Sentiment?
There are 660 funds or institutions reporting positions in Victoria's Secret. This is an increase of 89 owner(s) or 15.59% in the last quarter. Average portfolio weight of all funds dedicated to VSCO is 0.10%, an increase of 36.57%. Total shares owned by institutions increased in the last three months by 22.40% to 89,270K shares. 
The put/call ratio of VSCO is 1.19, indicating a bearish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 4,975K shares representing 6.34% ownership of the company. In its prior filing, the firm reported owning 5,062K shares , representing a decrease of 1.75%. The firm increased its portfolio allocation in VSCO by 28.28% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 2,482K shares representing 3.16% ownership of the company. In its prior filing, the firm reported owning 2,448K shares , representing an increase of 1.36%. The firm increased its portfolio allocation in VSCO by 38.49% over the last quarter.
Ameriprise Financial holds 2,203K shares representing 2.81% ownership of the company. In its prior filing, the firm reported owning 1,601K shares , representing an increase of 27.34%. The firm decreased its portfolio allocation in VSCO by 65.32% over the last quarter.
IWM - iShares Russell 2000 ETF holds 2,047K shares representing 2.61% ownership of the company.
NAESX - Vanguard Small-Cap Index Fund Investor Shares holds 1,963K shares representing 2.50% ownership of the company. In its prior filing, the firm reported owning 1,969K shares , representing a decrease of 0.33%. The firm increased its portfolio allocation in VSCO by 32.28% over the last quarter.
Victoria`s Secret Background Information
(This description is provided by the company.)
Victoria's Secret & Co retails apparel and accessories for women. The Company offers lingeries, bras, panties, pajamas, sleepwear, swimsuits, and other apparel, as well as offers personal care and beauty products. Victoria's Secret serves customers worldwide.
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