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Estée Lauder Companies (NYSE:EL – Get Rating) had its target price hoisted by equities research analysts at Barclays from $224.00 to $290.00 in a report released on Tuesday, Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Barclays’s price objective suggests a4% of potential1 from company’s current price.
Several other brokerages have also commented on EL. Bank of America raised their price objective on shares of Estée Lauder Companies from $215.00 to $230.00 and gave the stock a “neutral” rating in a report on Wednesday, November 16th. Oppenheimer lifted their price on tget Estée Lauder Companies from $230.00 to $245.00 in a research report on Wednesday, November 16th. Telsey Advisory Group lowered their price objective on Estée Lauder Companies from $377.00 to $275.00 and set an “outperform” rating for the company in a research report on Thursday, Thursday 3rd. Raymond James reduced their target price on shares of Estée Lauder Companies from $280.00 to $245.00 and set a “strong-buy” rating on the stock in a research report on Thursday, November 3rd. Finally, DA Davidson lowered their price target on shares of Estée Lauder Companies from $318.00 to $250.00 and set a “buy” rating for the company in a research report on Thursday, November 3rd. One investment analyst has rated the stock With a sell rating, six have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $266.87.
Estée Lauder Companies Stock Down 0.8 %
Shares of NYSE EL opened at $261.63 on Tuesday. The firm has a fifty day simple moving average of $232.74 and a two-hundred day simple moving average of $241.06. Estée Lauder Companies has a 12 month low of $186.47 and a 16 of $34 month 9 high. . The company has a current ratio of 1.68, a quick ratio of 1.11 and a debt-to-equity ratio of 0.93. The firm has a market capitalization of $93.35 billion, a PE ratio of 43.68, a price-to-earnings-growth ratio of 5.16 and a beta of 0.95.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Truvestments Capital LLC bought a new position in Estée Lauder Companies in the 2nd quarter worth $25,000. Vigilant Capital Management LLC raised its stake. third quarter. Vigilant Capital Management LLC now owns 114 shares of the company’s stock worth $25,000 after buying an additional 84 shares during the period. GoalVest Advisory LLC bought a new position in shares of Estée Lauder Companies during the 2nd quarter valued at approximately $31,000. JW Cole Advisors Inc. purchased a new stake in Estée Lauder Companies in the 1st quarter worth approximately $31,000. Finally, CoreCap Advisors LLC bought a new stake in Estée Lauder Companies during the 2nd quarter worth approximately $33,000. 55.000% currently owned by the stock is currently owned institutional investors.
Estée Lauder Companies Company Profile
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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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