In a report released yesterday, Lauren Lieberman from Barclays maintained a Hold rating on Coty Inc (NYSE: COTY), with a price target of $16. The company’s shares closed yesterday at $14.50, close to its 52-week low of $14.09.
According to TipRanks.com, Lieberman is a 2-star analyst with an average return of 0.8% and a 53.4% success rate. Lieberman covers the Consumer Goods sector, focusing on stocks such as International Flavors & Fragrances, Edgewell Personal Care, and Colgate-Palmolive.
Currently, the analyst consensus on Coty Inc is Hold and the average price target is $16.50, representing a 13.8% upside.
In a report released yesterday, Berenberg Bank also upgraded the stock to Hold.
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The company has a one-year high of $21.68 and a one-year low of $14.09. Currently, Coty Inc has an average volume of 5.03M.
Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of COTY in relation to earlier this year.
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Coty, Inc. engages in the manufacture of beauty and skin care products, fragrances, and color cosmetics. It operates through the following segments: Consumer Beauty, Luxury, and Professional Beauty. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care, and mass fragrances.
