Coty (COTY) : The consensus on Coty (COTY) based on 9 analyst recommendation on the company stock is 2.92, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 1 which endorses a Strong Buy on the stock. However, 2 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 2 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Coty (COTY) : The highest short term price target forecast on Coty (COTY) is $32 and the lowest target price is $22. A total of 7 equity analysts are currently covering the company. The average price of all the analysts is $27.64 with a standard deviation of $4.07.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the Citigroup maintains the rating on Coty (NYSE:COTY). The brokerage firm has issued a Neutral rating on the shares. The Analysts at the ratings agency raises the price target from $28 per share to $30 per share. The rating by the firm was issued on August 25, 2016.
Coty (NYSE:COTY): stock was range-bound between the intraday low of $24.87 and the intraday high of $26 after having opened at $25.96 on Wednesdays session. The stock finally closed in the red at $25.96, a loss of -3.01%. The stock remained in the red for the whole trading day. The total traded volume was 3,614,813 shares. The stock failed to cross $26 in Wednesdays trading. The stocks closing price on Thursday was $25.88.
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.