Coty (NYSE:COTY) : 2 brokerage houses believe that Coty (NYSE:COTY) is a Strong Buy at current levels. 8 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Coty (NYSE:COTY). Zacks Investment Research suggests a Sell with a rank of 4. 2 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 12 Wall Street Analysts endorse the stock as a Hold with a rating of 2.94.
Coty (NYSE:COTY) : The most positive equity analysts on Coty (NYSE:COTY) expects the shares to touch $32, whereas, the least positive believes that the stock will trade at $20 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $27.69 with an expected fluctuation of $4.74 from the mean.
Company shares have received an average consensus rating of Hold for the current week
Coty (NYSE:COTY): stock turned positive on Tuesday. Though the stock opened at $25.54, the bulls momentum made the stock top out at $25.77 level for the day. The stock recorded a low of $25.11 and closed the trading day at $25.35, in the green by 0.04%. The total traded volume for the day was 813,952. The stock had closed at $25.34 in the previous days trading.
In an insider trading activity, 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 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.