Wells Fargo Reaffirms Their Hold Rating on Coty (COTY)


Wells Fargo analyst Joe Lachky maintained a Hold rating on Coty (COTY) today and set a price target of $13.00. The company’s shares closed last Monday at $12.22.

The word on The Street in general, suggests a Hold analyst consensus rating for Coty with a $12.06 average price target, which is a 0.5% upside from current levels. In a report issued on November 7, Stifel Nicolaus also maintained a Hold rating on the stock with a $13.00 price target.

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The company has a one-year high of $14.13 and a one-year low of $5.91. Currently, Coty has an average volume of 4.75M.

Based on the recent corporate insider activity of 22 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, market, sale, and distribution of branded beauty products. 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.

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