Coty (NYSE:COTY) has been upgraded from Sell to Neutral in a statement by B. Riley earlier today.
- Updated: October 1, 2016
Having a price of $23.82, Coty (NYSE:COTY) traded 1.82% higher on the day. The last stock price is down -12.73% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the date range. COTY has recorded a 50-day average of $25.83 and a two hundred day average of $26.93. Trade Volume was up over the average, with 68,491,874 shares of COTY changing hands over the typical 5,537,180
B. Riley has upgraded Coty (NYSE:COTY) from Sell to Neutral in a report released on Thursday September 29, 2016.
On 9/22/2016, Zacks Investment Research released a statement on Coty (NYSE:COTY) increased the target price from $0.00 to $27.00. At the time, this indicated a possible upside of 0.14%.
Coty has a 52 week low of $21.48 and a 52 week high of $31.60 with a price-earnings ratio of 53.41 COTY’s total market value is presently $0.
A total of 10 equity analysts have reported on the stock. Two brokerages rating the stock a strong buy, one brokerage rating the company a buy, 8 brokers rating the stock a hold, 2 brokers rating the stock a underperform, and finally 0 firms rating the stock a sell with a 12-month price target of $28.15.
More About Coty (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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