Piper Jaffray Reiterates Their Buy Rating on The Estée Lauder Companies Inc (EL)


In a report released today, Erinn Murphy from Piper Jaffray reiterated a Buy rating on The Estée Lauder Companies Inc (NYSE: EL), with a price target of $152. The company’s shares closed on Friday at $125.45.

According to TipRanks.com, Murphy has currently no stars on a ranking scale of 0-5 stars, with an average return of -2.3% and a 45.4% success rate. Murphy covers the Consumer Goods sector, focusing on stocks such as Wolverine World Wide, G-III Apparel Group, and Deckers Outdoor.

The Estée Lauder Companies Inc has an analyst consensus of Strong Buy, with a price target consensus of $152.38, which is a 21.5% upside from current levels. In a report issued on October 15, Stifel Nicolaus also maintained a Buy rating on the stock with a $145 price target.

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The Estée Lauder Companies Inc’s market cap is currently $46.06B and has a P/E ratio of 42.53. The company has a Price to Book ratio of 9.82.

Based on the recent corporate insider activity of 81 insiders, corporate insider sentiment is negative on the stock. Most recently, in August 2018, William Lauder, the EC of EL bought 775,562 shares for a total of $18,215,132.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The Estée Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced.

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