Estee Lauder Companies (The) (NYSE:EL) should head towards $102.6 per share according to 15 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $86 per share. The higher price estimate target is at $110 according to the Analysts.
Many analysts have stated their opinion on the company shares. Morgan Stanley maintains its rating on Estee Lauder Companies (The) (NYSE:EL). The global brokerage major raises the current price target from $99 per share to $105 per share. Analysts at the Morgan Stanley have a current rating of Overweight on the shares. The rating by the firm was issued on March 23, 2016. For the current week, the company shares have a recommendation consensus of Buy.
On the companys insider trading activities, Haney Carl P., officer (EVP-Global R&D) of Estee Lauder Companies Inc, unloaded 34,483 shares at an average price of $93.39 on June 7, 2016. The total amount of the transaction was worth $3,220,367, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
Estee Lauder Companies (The) (NYSE:EL) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.26 points or 0.28% at $91.29 with 1,279,700 shares getting traded. Post opening the session at $91.77, the shares hit an intraday low of $91.24 and an intraday high of $92.28 and the price was in this range throughout the day. The company has a market cap of $33,708 million and the number of outstanding shares have been calculated to be 369,237,810 shares. The 52-week high of Estee Lauder Companies (The) (NYSE:EL) is $97.48 and the 52-week low is $73.67.
The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Companys products are sold in over 150 countries and territories under a number of brand names, including Estee Lauder, Aramis, Clinique, Origins, Le Labo, M.A.C, Bobbi Brown, La Mer and Aveda. It is also the global licensee for fragrances and/or cosmetics sold under brand names, such as Tommy Hilfiger, Donna Karan, Michael Kors, Tom Ford and Coach. It sells its products principally through limited distribution channels to complement the images associated with its brands. These channels include points of sale consisting of upscale department stores, specialty retailers, upscale perfumeries and pharmacies and prestige salons and spas. In addition, its products are sold in freestanding Company-operated stores, its own and authorized retailer Websites, stores on cruise ships, direct response television (DRTV), in-flight and duty-free shops.