Coty (NYSE:COTY): 8 Analyst have given the stock of Coty (NYSE:COTY) a near short term price target of $27.69. The standard deviation reading, which is a measure by which the stock price is expected to swing away from the mean estimate, is at $4.74. The higher price target estimate is at $32 while the lower price estimates are fixed at $20.
Many analysts have stated their opinion on the company shares. Equity analysts at the Brokerage firm Bank of America downgrades its rating on Coty (NYSE:COTY). The rating major has initiated the coverage with neutral rating on the shares. Earlier, the shares were rated a Buy by the brokerage firm. The rating by the firm was issued on April 18, 2016. Company shares have received an average consensus rating of Hold for the current week
On the companys insider trading activities, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Coty Inc., Singer Robert S had sold 8,335 shares worth of $226,295 in a transaction dated December 8, 2015. In this transaction, 8,335 shares were sold at $27.15 per share.
Coty (NYSE:COTY) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.53 points or 1.97% at $26.36 with 1,415,762 shares getting traded. Post opening the session at $26.94, the shares hit an intraday low of $26.1 and an intraday high of $27.07 and the price was in this range throughout the day. The company has a market cap of $8,938 million and the number of outstanding shares have been calculated to be 339,087,100 shares. The 52-week high of Coty (NYSE:COTY) is $32.72 and the 52-week low is $21.4797.
Coty Inc. is a beauty company. The Company manufactures and markets beauty products in the Fragrances, Color Cosmetics and Skin & Body Care segments with distribution in over 130 countries and territories across both prestige and mass markets. Fragrances products include a variety of mens and womens products and include fashion designer, celebrity and lifestyle brands. Color Cosmetics products include nail and other color cosmetics, consisting of lip, eye and other facial color products. Skin & Body Care products include shower gels, deodorants, skin care and sun treatment products. The Companys top 10 brands include adidas, Calvin Klein, Chloe, Davidoff, Marc Jacobs, OPI, philosophy, Playboy, Rimmel and Sally Hansen.