A statement released earlier today by Zacks Investment Research about Coty Inc (NYSE:COTY) bumps the target price to $27.00
- Updated: September 22, 2016
Just yesterday Coty Inc (NYSE:COTY) traded -0.50% lower at $23.73. Coty Inc’s 50-day moving average is $26.69 and its 200-day moving average is $27.12. The last stock price is down -12.51% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 18,809,073 shares of COTY traded hands, up from an average trading volume of 2,510,780
Stating as potential upside of 0.14%, Zacks Investment Research increased the stock price target of Coty Inc (NYSE:COTY) to $27.00
Recent Performance Chart
Coty Inc has 52 week low of $21.48 and a 52 week high of $31.60 with a PE ratio of 53.93 and has a market capitalization of $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 10 brokerages have issued a ratings update on the company. The average stock price target is $28.15 with 2 brokerages rating the stock a strong buy, 1 brokerage rating the stock a buy, 8 brokerages rating the stock a hold, 2 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.
Brief Synopsis On Coty Inc (NYSE:COTY)
Coty Inc. is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men's and women's products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli. Its color cosmetics products include lip, eye, nail and facial color products. The brands in its Color Cosmetics segment include Bourjois, Rimmel, Sally Hansen and OPI. Its skin & body care products include shower gels, deodorants, skin care and sun treatment products. Its skin & body care brands are adidas, Lancaster, philosophy and Playboy. The Company, through Hypermarcas S.A., engages in personal care and beauty business. The Brazil Acquisition segment includes product groupings, such as skin care, nail care, deodorants and hair care products. It operates in the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific.
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