Piper Jaffray Companies set a $162.00 price objective on Estee Lauder Companies (NYSE:EL) in a report published on Thursday. The firm currently has a buy rating on the stock.

Several other research analysts have also recently weighed in on the stock. UBS Group initiated coverage on shares of Estee Lauder Companies in a report on Thursday, July 19th. They set a neutral rating and a $144.00 price target on the stock. Morgan Stanley cut shares of Estee Lauder Companies from an overweight rating to an equal weight rating and set a $153.00 price target on the stock. in a report on Monday, June 25th. Wells Fargo & Co boosted their target price on shares of Estee Lauder Companies from $150.00 to $168.00 and gave the company an outperform rating in a research note on Thursday, April 19th. Stifel Nicolaus reiterated a buy rating on shares of Estee Lauder Companies in a research note on Wednesday, April 18th. Finally, Evercore ISI started coverage on shares of Estee Lauder Companies in a research note on Tuesday, May 22nd. They issued a buy rating and a $170.00 target price on the stock. Seven research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company’s stock. The stock presently has a consensus rating of Buy and an average price target of $142.77.

Estee Lauder Companies stock opened at $135.94 on Thursday. Estee Lauder Companies has a fifty-two week low of $102.00 and a fifty-two week high of $158.80. The stock has a market cap of $48.72 billion, a P/E ratio of 39.18, a PEG ratio of 1.94 and a beta of 0.62. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.37 and a current ratio of 1.82.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Brookmont Capital Management raised its position in shares of Estee Lauder Companies by 12.1% in the second quarter. Brookmont Capital Management now owns 3,369 shares of the company’s stock valued at $481,000 after purchasing an additional 363 shares during the period. 180 Wealth Advisors LLC increased its holdings in Estee Lauder Companies by 15.6% during the 1st quarter. 180 Wealth Advisors LLC now owns 2,697 shares of the company’s stock worth $403,000 after acquiring an additional 364 shares during the period. Osborn Williams & Donohoe LLC increased its holdings in Estee Lauder Companies by 2.3% during the 2nd quarter. Osborn Williams & Donohoe LLC now owns 16,135 shares of the company’s stock worth $2,302,000 after acquiring an additional 368 shares during the period. Cornerstone Advisors Inc. increased its holdings in Estee Lauder Companies by 20.4% during the 1st quarter. Cornerstone Advisors Inc. now owns 2,238 shares of the company’s stock worth $335,000 after acquiring an additional 379 shares during the period. Finally, Cambridge Investment Research Advisors Inc. increased its holdings in Estee Lauder Companies by 11.2% during the 2nd quarter. Cambridge Investment Research Advisors Inc. now owns 3,875 shares of the company’s stock worth $553,000 after acquiring an additional 390 shares during the period. Hedge funds and other institutional investors own 54.44% of the company’s stock.

Estee Lauder Companies Company Profile

The Estée Lauder Companies Inc manufactures and markets skin care, makeup, fragrance, and hair care products worldwide. The company offers a range of skin care products, such as moisturizers, serums, cleansers, toners, body care, exfoliators, acne and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products for face, eyes, lips, and nails, as well as related items, including compacts, brushes, and other makeup tools.

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Analyst Recommendations for Estee Lauder Companies (NYSE:EL)

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