Coty (NYSE:COTY) Price Target Cut to $3.50 by Analysts at Citigroup

Coty (NYSE:COTY) had its price target cut by equities researchers at Citigroup from $4.25 to $3.50 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price objective would indicate a potential upside of 4.32% from the stock’s previous close.

COTY has been the subject of several other reports. Wells Fargo & Company cut their target price on shares of Coty from $5.00 to $4.00 and set an “equal weight” rating for the company in a research note on Friday, August 22nd. Royal Bank Of Canada cut their target price on Coty from $12.00 to $10.00 and set a “sector perform” rating on the stock in a research report on Friday, August 22nd. Rothschild Redb upgraded Coty to a “hold” rating in a research report on Tuesday, November 25th. Canaccord Genuity Group reduced their price objective on shares of Coty from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Friday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Coty from $6.00 to $4.00 and set a “hold” rating for the company in a report on Thursday, August 21st. Three investment analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $5.30.

Coty Stock Performance

Shares of NYSE:COTY traded up $0.09 on Wednesday, hitting $3.36. The company’s stock had a trading volume of 693,504 shares, compared to its average volume of 7,624,743. The company has a market capitalization of $2.93 billion, a price-to-earnings ratio of -7.29, a price-to-earnings-growth ratio of 0.24 and a beta of 0.95. The company has a debt-to-equity ratio of 1.05, a quick ratio of 0.54 and a current ratio of 0.85. Coty has a 12 month low of $3.12 and a 12 month high of $7.71. The stock’s 50-day moving average is $3.69 and its two-hundred day moving average is $4.29.

Coty (NYSE:COTY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.03). The company had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.58 billion. Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. During the same period in the previous year, the company earned $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. On average, equities research analysts forecast that Coty will post 0.39 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Corient Private Wealth LLC raised its holdings in Coty by 16.6% during the second quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock valued at $75,000 after buying an additional 2,286 shares in the last quarter. Impact Capital Partners LLC increased its holdings in shares of Coty by 21.1% during the 2nd quarter. Impact Capital Partners LLC now owns 13,486 shares of the company’s stock valued at $63,000 after acquiring an additional 2,346 shares during the last quarter. Teacher Retirement System of Texas raised its stake in shares of Coty by 4.1% in the 2nd quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock valued at $277,000 after acquiring an additional 2,360 shares in the last quarter. J.W. Cole Advisors Inc. raised its stake in shares of Coty by 23.9% in the 2nd quarter. J.W. Cole Advisors Inc. now owns 12,436 shares of the company’s stock valued at $58,000 after acquiring an additional 2,398 shares in the last quarter. Finally, Comerica Bank lifted its holdings in Coty by 1.6% in the 1st quarter. Comerica Bank now owns 162,693 shares of the company’s stock worth $890,000 after purchasing an additional 2,639 shares during the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

Coty Company Profile

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.