In a report released yesterday, Lauren Lieberman from Barclays reiterated a Hold rating on Coty (COTY – Research Report), with a price target of $13.00. The company’s shares closed yesterday at $12.17.
Lieberman covers the Consumer Defensive sector, focusing on stocks such as Coca-Cola, Church & Dwight, and Colgate-Palmolive. According to TipRanks, Lieberman has an average return of 2.0% and a 53.24% success rate on recommended stocks.
In addition to Barclays, Coty also received a Hold from TD Cowen’s Oliver Chen in a report issued on February 8. However, on February 9, D.A. Davidson assigned a Buy rating to Coty (NYSE: COTY).
See today’s best-performing stocks on TipRanks >>
Based on Coty’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.73 billion and a net profit of $180.9 million. In comparison, last year the company earned a revenue of $1.52 billion and had a net profit of $238.3 million
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.
Coty (COTY) Company Description:
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. The Luxury segment comprises of prestige fragrances, premium skincare, and premium cosmetics. The Professional Beauty segment consists hair and nail care products for salon professionals. The company was founded by Francois Coty in 1904 and is headquartered in New York, NY.
Read More on COTY:
