Zacks Investment Research downgraded Coty Inc (NYSE:COTY) to Hold in a report released today.
- Updated: September 21, 2016
Zacks Investment Research has downgraded Coty Inc (NYSE:COTY) to Hold in a report released on 9/21/2016.
Yesterday Coty Inc (NYSE:COTY) traded -1.00% lower at $23.85. The company’s 50-day moving average is $26.77 and its 200-day moving average is $27.15. The last stock close price is down -12.14% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 22,293,319 shares of the stock were exchanged, up from an average trading volume of 2,177,160
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Coty Inc has a 52 week low of $21.48 and a one year high of $31.60 with a price-earnings ratio of 54.20 COTY’s market cap is currently $0.
In addition to Zacks Investment Research reporting its stock price target, a total of 10 analysts have reported on the stock. The consensus target price is $28.15 with two brokers rating the stock a strong buy, one analyst rating the company a buy, eight brokerages rating the company a hold, two equity analysts rating the company a underperform, and lastly zero firms rating the stock a sell.
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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