Shares of Victoria’s Secret & Co (Symbol: VSCO) recently traded at $47.01, surpassing the average analyst 12-month target price of $44.90. This significant increase prompts analysts to reassess their positions, leading to potential downgrades or higher target adjustments based on the company’s fundamentals.
Analysts have varied predictions, with one target as low as $35.00 and another as high as $60.00. The standard deviation among 10 different analysts contributing to the average target is $7.68. Currently, there are 6 strong buy ratings and 4 hold ratings for VSCO, indicating a positive outlook overall, with an average rating of 1.8 on a scale where 1 is a strong buy and 5 is a strong sell.
This data highlights the importance of examining collective analyst insights to guide investment decisions as VSCO continues to attract attention above its previously set target price.
