Coty (NYSE:COTY – Get Free Report) had its target price increased by equities research analysts at Citigroup from $2.50 to $2.80 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Citigroup’s price target suggests a potential upside of 13.09% from the stock’s current price.
Other equities analysts also recently issued research reports about the company. TD Cowen increased their price target on Coty from $2.30 to $2.90 and gave the company a “hold” rating in a report on Thursday. Morgan Stanley set a $2.50 price target on Coty in a report on Thursday. The Goldman Sachs Group reiterated a “neutral” rating and set a $2.50 price target on shares of Coty in a report on Monday, February 9th. Barclays lowered their price target on Coty from $2.50 to $2.00 and set an “underweight” rating on the stock in a report on Tuesday, April 14th. Finally, Weiss Ratings downgraded Coty from a “sell (d)” rating to a “sell (d-)” rating in a report on Wednesday, April 29th. One research analyst has rated the stock with a Buy rating, thirteen have given a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $3.70.
View Our Latest Stock Analysis on COTY
Coty Trading Down 1.0%
Coty (NYSE:COTY – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.03) EPS for the quarter. Coty had a negative net margin of 9.20% and a positive return on equity of 4.59%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the business earned $0.01 EPS. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Equities analysts predict that Coty will post 0.23 EPS for the current year.
Insider Buying and Selling at Coty
In other Coty news, insider Bretten Gordon Von acquired 83,000 shares of Coty stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $2.41 per share, with a total value of $200,030.00. Following the completion of the transaction, the insider owned 986,620 shares of the company’s stock, valued at $2,377,754.20. The trade was a 9.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 5.90% of the company’s stock.
Institutional Investors Weigh In On Coty
Several hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC boosted its position in shares of Coty by 16.6% in the second quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock valued at $75,000 after acquiring an additional 2,286 shares during the period. Vanguard Personalized Indexing Management LLC raised its stake in shares of Coty by 3.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock valued at $425,000 after purchasing an additional 3,138 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of Coty by 3.2% in the third quarter. Public Employees Retirement System of Ohio now owns 117,781 shares of the company’s stock valued at $476,000 after purchasing an additional 3,616 shares in the last quarter. Osaic Holdings Inc. raised its stake in shares of Coty by 30.5% in the second quarter. Osaic Holdings Inc. now owns 15,795 shares of the company’s stock valued at $73,000 after purchasing an additional 3,689 shares in the last quarter. Finally, Aigen Investment Management LP raised its stake in shares of Coty by 6.1% in the fourth quarter. Aigen Investment Management LP now owns 76,048 shares of the company’s stock valued at $234,000 after purchasing an additional 4,357 shares in the last quarter. 42.36% of the stock is owned by institutional investors.
Coty News Summary
Here are the key news stories impacting Coty this week:
- Positive Sentiment: Analyst commentary and recent coverage suggest some upside remains, with Citigroup recently lifting its price target to $2.80 and maintaining a Neutral stance, while another report noted Coty’s Q1 sales “surprised” to the upside. Article Title
- Neutral Sentiment: Coty’s latest earnings-call coverage points to a strategic shift toward “sellout” growth and recovery efforts, but also highlights ongoing margin pressure, market headwinds, and the impact of Middle East conflict on performance. Article Title
- Neutral Sentiment: Several firms issued reminders about the May 22 lead-plaintiff deadline in the securities class action tied to Coty’s alleged concealment of deteriorating trends and the surprise profit decline, CEO exit, and withdrawn guidance earlier this year. These updates keep the litigation overhang in focus, though they do not change the underlying case. Article Title
- Negative Sentiment: Ongoing class-action lawsuits and investor alerts may weigh on sentiment by reinforcing concerns about Coty’s past disclosures, operational execution, and management credibility. Article Title
About Coty
Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.
The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.
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