Were Analysts Bullish Coty Inc. (NYSE:COTY) This Week?

May 18, 2018 - By Nellie Hooten

Coty Inc. (NYSE:COTY) LogoInvestors sentiment decreased to 0.95 in Q4 2017. Its down 0.22, from 1.17 in 2017Q3. It is negative, as 29 investors sold Coty Inc. shares while 112 reduced holdings. 42 funds opened positions while 92 raised stakes. 499.23 million shares or 2.30% less from 510.97 million shares in 2017Q3 were reported.
Cadence Capital Mngmt Llc holds 57,907 shares. Rhumbline Advisers accumulated 860,233 shares. Advisory Svcs Ntwk Llc reported 0% stake. Texas Permanent School Fund holds 0.03% in Coty Inc. (NYSE:COTY) or 128,901 shares. Legal General Grp Inc Public Limited Co reported 0.05% stake. Moreover, Public Employees Retirement Systems Of Ohio has 0.02% invested in Coty Inc. (NYSE:COTY) for 204,865 shares. State Board Of Administration Of Florida Retirement Systems reported 627,508 shares. Dubuque National Bank reported 196 shares. Ruffer Limited Liability Partnership has 0.08% invested in Coty Inc. (NYSE:COTY) for 100,000 shares. Rocky Mountain Advisers Ltd has invested 0.01% in Coty Inc. (NYSE:COTY). Cibc Ww Markets reported 51,127 shares stake. 608,297 were reported by Morgan Stanley. 510,918 are owned by Susquehanna Intl Gru Llp. Voya Management Ltd Company reported 0.01% stake. Cubist Systematic Strategies Limited Liability Corporation stated it has 0.01% of its portfolio in Coty Inc. (NYSE:COTY).

Since February 12, 2018, it had 2 insider buys, and 0 insider sales for $84.69 million activity. JAB Cosmetics B.V. bought $84.48 million worth of stock or 4.10 million shares.

Coty Inc. (NYSE:COTY) Ratings Coverage

Among 9 analysts covering Coty Inc (NYSE:COTY), 4 have Buy rating, 1 Sell and 4 Hold. Therefore 44% are positive. Coty Inc had 10 analyst reports since December 12, 2017 according to SRatingsIntel. The company was downgraded on Friday, May 11 by Deutsche Bank. The company was maintained on Friday, February 9 by Citigroup. On Thursday, May 10 the stock rating was upgraded by Berenberg to “Hold”. RBC Capital Markets upgraded the shares of COTY in report on Thursday, December 21 to “Outperform” rating. The company was maintained on Monday, February 12 by JP Morgan. The stock has “Buy” rating by Citigroup on Tuesday, December 12. The rating was maintained by Stifel Nicolaus with “Buy” on Thursday, February 8. The stock of Coty Inc. (NYSE:COTY) has “Buy” rating given on Thursday, February 8 by BMO Capital Markets. Below is a list of Coty Inc. (NYSE:COTY) latest ratings and price target changes.

11/05/2018 Broker: DA Davidson Rating: Hold New Target: $15.5000
11/05/2018 Broker: Deutsche Bank Old Rating: Buy New Rating: Hold Old Target: $20 Downgrade
10/05/2018 Broker: Berenberg Old Rating: Sell New Rating: Hold Upgrade
12/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $15 New Target: $17 Maintain
09/02/2018 Broker: Barclays Capital Rating: Hold New Target: $20.0
08/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $23.0 Maintain
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $21 New Target: $23 Maintain
08/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $24.0 Maintain
21/12/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
12/12/2017 Broker: Citigroup Rating: Buy New Target: $21.0 Upgrade

The stock decreased 2.27% or $0.33 during the last trading session, reaching $14.18. About 6.59M shares traded or 29.70% up from the average. Coty Inc. (NYSE:COTY) has risen 0.16% since May 18, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $10.64 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

More recent Coty Inc. (NYSE:COTY) news were published by: Seekingalpha.com which released: “Coty – Smells Bad” on May 13, 2018. Also Benzinga.com published the news titled: “Deutsche Bank: 4 Reasons Why Coty’s Stock Is No Longer Attractive” on May 11, 2018. Seekingalpha.com‘s news article titled: “Coty positive on earnings beat” with publication date: May 09, 2018 was also an interesting one.

Coty Inc. (NYSE:COTY) Institutional Positions Chart

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