KeyBanc Starts Limited Brands (LTD) at Hold
Tweet
Share
E-mailGet Alerts LTD Hot Sheet
Price: $65.09 -0.57%
Rating Summary:
6 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Rating Summary:
6 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 11 | New: 14
Join SI Premium – FREE
KeyBanc initiates coverage on Limited Brands (NYSE: LTD) with a Hold.
Analyst Edward J. Yruma said, "Limited has strong market share with businesses that have high emotional content and compelling long-term international growth opportunities. We believe the Company is one of the most forward thinking in our coverage and its mix of businesses gives it a degree of operational stability that is rare within specialty retail. At 15.8x 2014E P/E and 8.4x 2014E EV/EBITDA, compared to 13.8x P/E and 6.1x EV/EBITDA for its specialty retail peers, we find valuation reasonable and initiate coverage with a HOLD rating."
For an analyst ratings summary and ratings history on Limited Brands click here. For more ratings news on Limited Brands click here.
Shares of Limited Brands closed at $56.31 yesterday.
Analyst Edward J. Yruma said, "Limited has strong market share with businesses that have high emotional content and compelling long-term international growth opportunities. We believe the Company is one of the most forward thinking in our coverage and its mix of businesses gives it a degree of operational stability that is rare within specialty retail. At 15.8x 2014E P/E and 8.4x 2014E EV/EBITDA, compared to 13.8x P/E and 6.1x EV/EBITDA for its specialty retail peers, we find valuation reasonable and initiate coverage with a HOLD rating."
For an analyst ratings summary and ratings history on Limited Brands click here. For more ratings news on Limited Brands click here.
Shares of Limited Brands closed at $56.31 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- BofA Securities Starts GE Vernova (GEV) at Neutral, 'Multiyear turnaround amid positive demand backdrop'
- Amphenol (APH) PT Raised to $130 at Evercore ISI, Remains Top Pick
- KKR Real Estate Financial Trust (KREF) PT Lowered to $12 at JMP Securities
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS View, New Coverage, Retail SalesRelated Entities
KeyBancSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
