Bank of America Corp. upgraded Coty Inc (NYSE:COTY) to Buy in a report released today.
- Updated: October 3, 2016
Yesterday Coty Inc (NYSE:COTY) traded 1.34% higher at $23.50. The company’s 50-day moving average is $25.83 and its 200-day moving average is $26.93. The last closing price is down -11.56% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 6,032,085 shares of the stock were exchanged, up from an average trading volume of 5,537,180
Bank of America Corp. has upgraded Coty Inc (NYSE:COTY) to Buy in a report released on 10/03/2016.
Previously on 9/29/2016, B. Riley reported on Coty Inc (NYSE:COTY) raised the target price from $0.00 to $23.25. At the time, this indicated a possible downside of -0.02%.
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Coty Inc has a 52 week low of $21.48 and a 52 week high of $31.60 with a P/E ratio of 54.13 The company’s market cap is currently $0.
In addition to Bank of America Corp. reporting its target price, a total of 10 brokers have issued a report on the stock. The consensus target price is $28.15 with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 8 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
General Information About 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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