Coty (NYSE:COTY) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.94 by 12 Brokerage Firm. 2 Wall Street Firms have rated the stock as a strong buys. 8 Brokerage Firms have advised hold. 2 Analysts have rated it as strong sell.
Other Equity analysts have also commented on the company shares. Bank of America downgrades its view on Coty (NYSE:COTY) according to the research report released by the firm to its investors. The shares have now been rated Neutral by the stock experts at the ratings house. Earlier, the shares had a rating of Buy. The rating by the firm was issued on April 18, 2016.
Coty (NYSE:COTY) should head towards $27.69 per share according to 8 Analysts in consensus. However, if the road gets shaky, the stock may fall short to $20 per share. The higher price estimate target is at $32 according to the Analysts.
Coty (NYSE:COTY) rose 0.15% or 0.04 points on Tuesday and made its way into the gainers of the day. After trading began at $26.3 the stock was seen hitting $26.835 as a peak level and $26.235 as the lowest level. The stock ended up at $26.37. The daily volume was measured at 941,719 shares. The 52-week high of the share price is $32.72 and the 52-week low is $21.4797. The company has a market cap of $8,942 million.
Coty Inc. has dropped 0.53% in the last five trading days, however, the shares have posted positive gains of 4.6% in the last 4 weeks. Coty Inc. has dropped 1.27% during the last 3-month period . Year-to-Date the stock performance stands at 2.89%.
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.