Estee Lauder Companies (The) (EL) has an average broker rating of 1.58, which is interpreted as a Buy, as rated by 18 equity analysts. Nonetheless, 11 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 3 other analysts advise a Buy. Nevertheless, the majority of 4 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 1, which is also a Strong Buy.
Estee Lauder Companies (The) (EL) stock is expected to deviate a maximum of $5.46 from the average target price of $102.6 for the short term period. 15 Street Experts have initiated coverage on the stock with the most promising target being $110 and the most muted being $86.
Estee Lauder Companies (The) (NYSE:EL): The stock opened at $90.74 on Wednesday but the bulls could not build on the opening and the stock topped out at $91.28 for the day. The stock traded down to $90.31 during the day, due to lack of any buying support eventually closed down at $91.03 with a loss of -0.32% for the day. The stock had closed at $91.32 on the previous day. The total traded volume was 1,535,963 shares.
Also, Brokerage firm CLSA upgrades its rating on Estee Lauder Companies (The) (NYSE:EL). The shares have been rated Buy. Previously, the analysts had a Outperform rating on the shares. The rating by the firm was issued on June 13, 2016. The company shares have rallied 5.94% from its 1 Year high price. On May 2, 2016, the shares registered one year high at $97.48 and the one year low was seen on Aug 24, 2015. The 50-Day Moving Average price is $91.69 and the 200 Day Moving Average price is recorded at $91.13.
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.