JPMorgan has significantly reduced its price target for Victoria's Secret (VSCO, Financial), cutting it nearly in half—from $35 to $17—while maintaining a Neutral rating on the stock. This adjustment follows a comprehensive review conducted during the firm's recent retail conference, which included analysis of department stores and specialty softlines. The change reflects a recalibration of estimates concerning the company's performance and the broader retail landscape.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 11 analysts, the average target price for Victoria's Secret & Co (VSCO, Financial) is $27.81 with a high estimate of $46.00 and a low estimate of $18.00. The average target implies an upside of 62.74% from the current price of $17.09. More detailed estimate data can be found on the Victoria's Secret & Co (VSCO) Forecast page.
Based on the consensus recommendation from 11 brokerage firms, Victoria's Secret & Co's (VSCO, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Victoria's Secret & Co (VSCO, Financial) in one year is $25.80, suggesting a upside of 50.97% from the current price of $17.09. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Victoria's Secret & Co (VSCO) Summary page.
