KeyBanc Starts Limited Brands (LTD) at Hold
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Price: $65.09 -0.57%
Rating Summary:
6 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
Rating Summary:
6 Buy, 13 Hold, 2 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 15 | Down: 12 | New: 12
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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.
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