The stocks of LB have been given the rating of c from d+ by the analysts working at TheStreet in one of their research notes. According to reports, the note was then issued to several investors and clients.
The Quarterly Earnings of LB
There have been quite a few research firms that have reported on the stocks of LB. Deutsche Bank has already increased the price objective on the shares of this company from $39 to $48, along with a rating of ‘buy’ on the stocks. Barclays has also increased the target price on the shares of the company from $34 to $44, along with a rating of ‘equal weight’.
Credit Suisse Group has also increased the target price on the stocks of LB from $28 to $30, along with a rating of ‘underperform’ in a research report that was sent out on the 7th of December. Jefferies Financial Group also joined in the fray with a rating of ‘hold’, along with a price target on the firm at $33. Morgan Stanley was the last company to get in the game with a price objective that was increased from $30 to $40, and a rating of ‘equal weight’ on the firm.
Four of the research analysts working on the stock have given it a rating of ‘sell’, while twelve of them have given it a rating of ‘hold’. One research analyst has given it a strong buy rating, while ten of them have given it a rating of ‘buy’. Currently, the consensus rating on the stock is ‘Hold’, while the price target is $35.88.
The shares of LB traded at $38 last Monday. The moving average for the firm over 50 days is $37.41, while the moving average price for the firm over 200-days is $28.23. The year low of LB is $8, while the year high is $42.17. The market cap set in the company is $10.57 billion, while the PE ratio is -48.72, and a PEG ratio of 1.32.