Estee Lauder Companies (The) (NYSE:EL) : The consensus on Estee Lauder Companies (The) (NYSE:EL) based on 18 analyst recommendation on the company stock is 1.58, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 11 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 3 analyst believes that the stock is a Buy, which can produce decent returns in the future. 4 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Estee Lauder Companies (The) (NYSE:EL) : Average target price received by Estee Lauder Companies (The) (NYSE:EL) is $102.6 with an expected standard deviation of $5.46. The most aggressive target on the stock is $110, whereas the most downbeat target is $86. 15 financial analysts are currently covering the stock.
For the current week, the company shares have a recommendation consensus of Buy. Also, Major Brokerage house, CLSA upgrades its ratings on Estee Lauder Companies (The) (NYSE:EL). According to the latest information available, the shares are now rated Buy by the analysts at the agency. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 13, 2016.
Estee Lauder Companies (The) (NYSE:EL): stock turned positive on Tuesday. Though the stock opened at $88.39, the bulls momentum made the stock top out at $88.67 level for the day. The stock recorded a low of $87.08 and closed the trading day at $88.19, in the green by 1.09%. The total traded volume for the day was 2,476,759. The stock had closed at $87.24 in the previous days trading.
In an insider trading activity, The officer (EVP-Global R&D), of Estee Lauder Companies Inc, Haney Carl P. had unloaded 34,483 shares at $93.39 per share in a transaction on June 7, 2016. The total value of transaction was $3,220,367. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
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.