Yahoo Finance L Brands (LB) Surges: Stock Moves 7.8% Higher
L Brands, Inc. LB was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $17.30 to $18.50 in the past one-month time frame.
The company has seen the Zacks Consensus Estimate for the current quarter move higher over the past few weeks, suggesting that more solid trading could be ahead for L Brands. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
L Brands currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
L Brands, Inc. Price
L Brands, Inc. price | L Brands, Inc. Quote
A better-ranked stock in the Retail - Apparel and Shoes industry is The Buckle, Inc. BKE, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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