Estée Lauder Companies (NYSE:EL – Get Rating) had its price objective up by equities researchers at JPMorgan Chase & Co. from $274.00 to $285.00 in a research report issued on Friday, The Fly reports. JPMorgan Chase & Co.’s price target indicates a potential upside of 8.67% from the company’s previous close.

A number of other equities research analysts also recently weighed in on the company. Barclays lifted their price objective on Estée Lauder Companies from $224.00 to $290.00 and gave the company an “overweight” rating in a report on Tuesday. Royal Bank of Canada dropped their price objective on shares of Estée Lauder Companies from $313.00 to $287.00 and set an “outperform” rating for the company in a report on Thursday, November 3rd. Canaccord Genuity Group initiated coverage on Estée Lauder Companies in a report on Wednesday, November 16th. They issued a “hold” rating and a $228.00 target price on the stock. Berenberg Bank downgraded Estée Lauder Companies from a “buy” rating to a “hold” rating and cut their price objective for the company from $323.00 to $220.00 in a research report on Monday , November 7th. Finally, Redburn Partners initiated coverage on shares of Estée Lauder Companies in a research report on Thursday, December 15th. They set a “sell” rating and a $210.00 price tar get on the stock. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the The stock has an average rating of “Moderate Buy” and an average price target of $267.35.

Estée Lauder Companies Stock Performance

EL opened at $262.25 on Friday. The company has a quick ratio of 1.11, a current ratio of 1.68 and a debt-to-equity ratio of 0.93. The stock’s 50 day moving average price is $236.70 and its two-hundred day moving average price is $241.31. The firm has a market capitalization of $93.57 billion, a P/E ratio of 43.78, a price-to-earnings-growth ratio of 5.16 and a beta of 0.95. Estée Lauder Companies has a 12-month low of $186.47 and a 12-month high of $346.79.

Estée Lauder Companies (NYSE:EL – Get Rating) last announced its quarterly earnings data on Wednesday, November 2nd. The company reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue3ill of $3. the quarter, compared to analyst estimates of $3.92 billion. Estée Lauder Companies had a net margin of 12.66% and a return on equity of 41.46%. On average, equities analysts forecast that Estée Lauder Companies will post 5.35 earnings per currentear share for the .

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. United Bank boosted its holdings in Estée Lauder Companies by 1.8% during the first quarter. United Bank now owns 4,879 shares of the company’s stock worth $1,329,000 after purchasing an additional 88 shares during the last quarter. Cibc World Market Inc. increased its position in shares of Estée Lauder Companies by 78.4% in the first quarter. Cibc World Market Inc. now owns 17,748 shares of the company’s stock valued at $4,833,000 after sharing during acquiring 7, 7 the last quarter. Prudential PLC bought a new stake in Estée Lauder Companies during the first quarter worth about $1,147,000. Cetera Investment Advisers boosted its position in Estée Lauder Companies by 2.4% during the first quarter. stock valued at $1,071,000 after purchasing an additional 92 shares during the last quarter. Finally, Sequoia F financial Advisors LLC boosted its position in Estée Lauder Companies by 27.3% during the first quarter. Sequoia Financial Advisors LLC now owns 978 shares of the company’s stock valued at $267,000 after purchasing an additional 210 shares during the last 5% owned by institutional investors and hedge funds.

About Estée Lauder Companies

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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.

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