Estee Lauder Companies Inc (NYSE:EL) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: October 3, 2016
Having a price of $87.97, Estee Lauder Companies Inc (NYSE:EL) traded -0.55% lower on the day. With the last close down -4.66% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. Estee Lauder Companies Inc has recorded a 50-day average of $89.63 and a two hundred day average of $92.37. Volume of trade was down over the average, with 1,220,108 shares of EL changing hands under the typical 1,594,990
Zacks Investment Research has upgraded Estee Lauder Companies Inc (NYSE:EL) to Hold in a statement released on 10/03/2016.
With a total market value of $0, Estee Lauder Companies Inc has price-earnings ratio of 29.75 with a one year low of $80.18 and a one year high of $97.48 .
A total of 20 equity analysts have released a ratings update on EL. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $102.80.
Brief Synopsis About Estee Lauder Companies Inc (NYSE:EL)
The Estee Lauder Companies Inc., is a manufacturer and marketer of skin care, makeup, fragrance and hair care products. The Company's 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.
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