SunTrust Robinson Thinks elf Beauty Inc’s Stock is Going to Recover


In a report issued on January 4, William Chappell from SunTrust Robinson reiterated a Buy rating on elf Beauty Inc (ELF), with a price target of $13. The company’s shares closed on Friday at $9.34, close to its 52-week low of $7.70.

According to TipRanks.com, Chappell is a 4-star analyst with an average return of 7.5% and a 57.9% success rate. Chappell covers the Consumer Goods sector, focusing on stocks such as Edgewell Personal Care, Keurig Dr Pepper Inc, and Colgate-Palmolive.

elf Beauty Inc has an analyst consensus of Hold, with a price target consensus of $12.29.

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The company has a one-year high of $22.10 and a one-year low of $7.70. Currently, elf Beauty Inc has an average volume of 538.7K.

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e.l.f. Beauty, Inc. is a holding company, which engages in cosmetics and skin-care product. It operates through U.S and International geographical segments. The company sells cosmetics products through retail customers, e.l.f. stores and e-commerce channels. The company was founded on December 20, 2013 and is headquartered in Oakland, CA.

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