Analyst Rating Update on Elizabeth Arden (RDEN)

Elizabeth Arden (NASDAQ:RDEN) has an average broker rating of 2.33, which is interpreted as a Buy, as rated by 3 equity analysts. Nonetheless, 1 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 2 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold.

Company shares have received an average consensus rating of Hold for the current week

Elizabeth Arden (NASDAQ:RDEN): On Tuesdays trading session , Opening price of the stock was $13.82 with an intraday high of $13.83. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $13.75. However, the stock managed to close at $13.78, a loss of 0.29% for the day. On the previous day, the stock had closed at $13.82. The total traded volume of the day was 915,769 shares.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (President, International) of Elizabeth Arden Inc, Lauzat Eric, had purchased 5,000 shares in a transaction dated on March 3, 2016. The transaction was executed at $6 per share with total amount equaling $30,000.

Elizabeth Arden, Inc. is a global beauty products company with a portfolio of fragrance, skin care and cosmetics brands. The Companys product portfolio includes Elizabeth Arden Brand, such as the Elizabeth Arden skin care brands (Visible Difference, Ceramide, Prevage, Eight Hour Cream, Superstart and Elizabeth Arden Pro), Elizabeth Arden branded lipstick, foundation and other color cosmetics products and Elizabeth Arden fragrances (Red Door, 5th Avenue, Elizabeth Arden Green Tea and UNTOLD); designer fragrances, which include Juicy Couture, John Varvatos, and Wildfox Couture; Heritage Fragrances, such as Curve, Elizabeth Taylor, Britney Spears, Halston, Ed Hardy, Geoffrey Beene, Alfred Sung, Giorgio Beverly Hills, Lucky, PS Fine Cologne, White Shoulders, BCBGMAXAZRIA, Rocawear and Jennifer Aniston, and celebrity fragrances, which include the fragrance brands of Justin Bieber, Mariah Carey, Nicki Minaj and Taylor Swift. Its operating segments include North America and International.

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