Coty (COTY) PT Lowered to $11.00 at JPMorgan Chase & Co.
Coty (NYSE:COTY) had its target price lowered by JPMorgan Chase & Co. from $13.00 to $11.00 in a research note issued to investors on Friday morning. JPMorgan Chase & Co. currently has an underweight rating on the stock.
A number of other research analysts also recently commented on the stock. Wells Fargo & Co reaffirmed a hold rating on shares of Coty in a research report on Tuesday, July 17th. Zacks Investment Research raised shares of Coty from a sell rating to a hold rating in a research report on Monday, July 23rd. Consumer Edge raised shares of Coty from a neutral rating to an outperform rating in a research report on Tuesday, May 8th. Deutsche Bank downgraded shares of Coty from a buy rating to a hold rating and set a $20.00 target price on the stock. in a research report on Friday, May 11th. Finally, Berenberg Bank raised shares of Coty from a sell rating to a hold rating in a research report on Thursday, May 10th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and six have issued a buy rating to the company. Coty presently has an average rating of Hold and a consensus price target of $17.50.
NYSE COTY opened at $11.73 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.67 and a debt-to-equity ratio of 0.80. The firm has a market capitalization of $9.04 billion, a P/E ratio of 18.62, a P/E/G ratio of 1.30 and a beta of 0.28. Coty has a 12 month low of $11.32 and a 12 month high of $21.68.
Coty Company Profile
Coty Inc, together with its subsidiaries, manufactures, markets, sells, and distributes beauty products worldwide. It operates in three segments: Consumer Beauty, Luxury, and Professional Beauty. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.
Featured Article: Fundamental Analysis – How It Helps Investors
Receive News & Ratings for Coty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coty and related companies with MarketBeat.com's FREE daily email newsletter.