Based on the provided data and technical analysis, here is the price prediction for LB (L Brands) stock in 2025:
The stock is expected to reach $82.04 by mid-2025, representing a potential upside of approximately 10% from current levels. This projection is supported by:
The technical indicators show strong momentum with RSI at 56.02 and MACD trending positive (MACD: 0.64, Signal: 0.29), suggesting continued upward movement. The stock is trading above its key moving averages with SMA20 at $69.81 and SMA60 at $68.46, confirming the bullish trend.
The Fibonacci levels indicate strong support at $65.78 with potential resistance at $77.55, making $82.04 a realistic target if the current momentum continues and market conditions remain favorable.