Estee Lauder Companies (The) (EL) has been under a strong bear grip, hence the stock is down -0.65% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 0.3% in the past 1 week. The stock has risen by 0.47% in the past week indicating that the buyers are active at lower levels, but the stock is down -1.18% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 0.38% and the 50-Day Moving Average is 2.25%.The 200 Day SMA reached 2.25%
Estee Lauder Companies (The) (NYSE:EL): After opening at $87.14, the stock dipped to an intraday low of $87.14 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $88.9 and the buying power remained strong till the end. The stock closed at $88.56 for the day, a gain of 1.95% for the day session. The total traded volume was 1,952,476. The stocks close on the previous trading day was $88.56.
Estee Lauder Companies (The) (EL) : Average target price received by Estee Lauder Companies (The) (EL) is $101.69 with an expected standard deviation of $4.4. The most aggressive target on the stock is $110, whereas the most downbeat target is $94. 13 financial analysts are currently covering the stock.
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.