Investment analysts at Redburn Partners assumed coverage on shares of Estée Lauder Companies (NYSE:EL – Get Rating) in a research note issued to investors on Thursday, MarketBeat Ratings reports. The brokerage set a “sell” rating and a $210.00 price target on the stock. Redburn Partners’ price objective would indicate a potential downside of 15.74% from the stock’s current price.

A number of other equities analysts have also issued reports on EL. Morgan Stanley decreased their target price on shares of Estée Lauder Companies from $290.00 to $245.00 and set an “overweight” rating for the company in a research report on Thursday, November 3rd. Canaccord Genuity Group assumed coverage on Estée Lauder Companies in a report on Wednesday, November 16th. They set a “hold” rating and a $228.00 target price on the stock. Deutsche Bank Aktiengesellschaft raised Estée Lauder Companies from a “hold” rating to a “buy” ” rating and increased their price target for the company from $209.00 to $266.00 in a research note on Tuesday, December 6th. JPMorgan Chase & Co. boosted their price objective on Estée Lauder Companies from $220.00 to $274.00 and gave the stock an “overweight” rating in a research note on Tuesday. Finally, The Goldman Sachs Group upgraded shares of Estée Lauder Companies from a “neutral” rating to a “buy” rating and raised their target price for the stock from $298.00 to $303.00 in a report on Tuesday, September 20th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. On data from MarketBeat, Estée Lauder Companies presently has an average rating of “Moderate Buy” and a consensus price target of $264.96.

Estée Lauder Companies Price Performance

NYSE EL opened at $249.22 on Thursday. The company has a 50-day moving average price of $218.91 and a two-hundred day moving average price of $241.59. Estée Lauder Companies has a 52 week low of $186.47 and a 52 week high2 of $374. The stock has a market cap of $88.92 billion, a price-to-earnings ratio of 41.61, a price-to-earnings-growth ratio of 4.75 and a beta of 0.99. The company has a current ratio of 1.68, a quick ratio of 1.11 and a debt-to-equity ratio of 0.93.

Hedge Funds Weigh In On Estée Lauder Companies

A number of hedge funds and other institutional investors have recently made changes to their positions in EL. Truvestments Capital LLC acquired a new position in Estée Lauder Companies in the second quarter worth about $25,000. Vigilant Sha Lauders Capital Management LLC lifted in its position of Ease Companies by 280.0% during the 3rd 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 acquired a new stake in quan value in Estée Lauder Compndies 2 $31,000. CoreCap Advisors LLC bought a new stake in Estée Lauder Companies in the second quarter valued at $33,000. Finally, BDO Wealth Advisors LLC raised its stake in Estée Lauder Companies by 450.0% during the second quarter ressha LC now 3 of the company’s stock worth $34,000 after acquiring an additional 108 shares in the last quarter. 56.96% of the stock is owned by in 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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