Breaking: Citigroup Reconfirms $128 Target Price per Share On The Estee Lauder Cos (NYSE:EL) Shares, Reconfirms Their Original “Neutral” Rating

November 14, 2017 - By Richard Conner

 Breaking: Citigroup Reconfirms $128 Target Price per Share On The Estee Lauder Cos (NYSE:EL) Shares, Reconfirms Their Original

Investors sentiment increased to 1.21 in Q2 2017. Its up 0.19, from 1.02 in 2017Q1. It is positive, as 48 investors sold Estee Lauder Companies Inc shares while 192 reduced holdings. 83 funds opened positions while 207 raised stakes. 194.59 million shares or 0.86% more from 192.93 million shares in 2017Q1 were reported.

Virtus Advisers has 2,009 shares. Capital One Natl Association holds 0.04% or 5,381 shares in its portfolio. Moreover, Motco has 0% invested in Estee Lauder Companies Inc (NYSE:EL). Td Asset Inc accumulated 125,000 shares or 0.02% of the stock. Cypress Asset Mngmt Tx owns 8,986 shares. Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma accumulated 1,240 shares. Moreover, Asset One Commerce Ltd has 0.09% invested in Estee Lauder Companies Inc (NYSE:EL) for 348,105 shares. Vanguard Group reported 15.29M shares. Moreover, San Francisco Sentry Grp (Ca) has 0.01% invested in Estee Lauder Companies Inc (NYSE:EL). Etrade Cap Lc has invested 0.04% in Estee Lauder Companies Inc (NYSE:EL). The Colorado-based Denver Invest Ltd has invested 0.06% in Estee Lauder Companies Inc (NYSE:EL). Banque Pictet & Cie holds 0.01% or 6,179 shares. Joel Isaacson And Limited Liability stated it has 78,496 shares. Bancorp Of The West owns 4,367 shares or 0.05% of their US portfolio. Cambridge Company accumulated 1.41% or 212,307 shares.

Since May 15, 2017, it had 0 insider purchases, and 3 sales for $3.78 million activity. On Monday, May 22 BARSHEFSKY CHARLENE sold $221,571 worth of Estee Lauder Companies Inc (NYSE:EL) or 2,383 shares. On Monday, May 15 LAUDER RONALD S FOUNDATION sold $1.54M worth of Estee Lauder Companies Inc (NYSE:EL) or 16,667 shares. Demsey John also sold $2.67M worth of Estee Lauder Companies Inc (NYSE:EL) on Wednesday, June 14.

The Estee Lauder Cos (NYSE:EL) Rating Reaffirmed

New York: In analysts note published on Thursday, 2 November, Citigroup maintained their “Neutral” rating on The Estee Lauder Cos (NYSE:EL) shares. They now have a $128 PT on the firm. Citigroup’s target gives a potential upside of 1.89 % from the company’s close price.

Investors sentiment increased to 1.21 in Q2 2017. Its up 0.19, from 1.02 in 2017Q1. It is positive, as 48 investors sold Estee Lauder Companies Inc shares while 192 reduced holdings. 83 funds opened positions while 207 raised stakes. 194.59 million shares or 0.86% more from 192.93 million shares in 2017Q1 were reported.

Virtus Advisers has 2,009 shares. Capital One Natl Association holds 0.04% or 5,381 shares in its portfolio. Moreover, Motco has 0% invested in Estee Lauder Companies Inc (NYSE:EL). Td Asset Inc accumulated 125,000 shares or 0.02% of the stock. Cypress Asset Mngmt Tx owns 8,986 shares. Loring Wolcott And Coolidge Fiduciary Advsr Ltd Liability Partnership Ma accumulated 1,240 shares. Moreover, Asset One Commerce Ltd has 0.09% invested in Estee Lauder Companies Inc (NYSE:EL) for 348,105 shares. Vanguard Group reported 15.29M shares. Moreover, San Francisco Sentry Grp (Ca) has 0.01% invested in Estee Lauder Companies Inc (NYSE:EL). Etrade Cap Lc has invested 0.04% in Estee Lauder Companies Inc (NYSE:EL). The Colorado-based Denver Invest Ltd has invested 0.06% in Estee Lauder Companies Inc (NYSE:EL). Banque Pictet & Cie holds 0.01% or 6,179 shares. Joel Isaacson And Limited Liability stated it has 78,496 shares. Bancorp Of The West owns 4,367 shares or 0.05% of their US portfolio. Cambridge Company accumulated 1.41% or 212,307 shares.

Since May 15, 2017, it had 0 insider purchases, and 3 sales for $3.78 million activity. On Monday, May 22 BARSHEFSKY CHARLENE sold $221,571 worth of Estee Lauder Companies Inc (NYSE:EL) or 2,383 shares. On Monday, May 15 LAUDER RONALD S FOUNDATION sold $1.54M worth of Estee Lauder Companies Inc (NYSE:EL) or 16,667 shares. Demsey John also sold $2.67M worth of Estee Lauder Companies Inc (NYSE:EL) on Wednesday, June 14.

Estee Lauder Companies Inc (NYSE:EL) Ratings Coverage

Among 30 analysts covering Estee Lauder (NYSE:EL), 23 have Buy rating, 1 Sell and 6 Hold. Therefore 77% are positive. Estee Lauder has $142 highest and $72 lowest target. $112.85’s average target is -10.17% below currents $125.63 stock price. Estee Lauder had 84 analyst reports since July 21, 2015 according to SRatingsIntel. Atlantic Securities initiated Estee Lauder Companies Inc (NYSE:EL) on Thursday, February 11 with “Overweight” rating. The company was maintained on Tuesday, October 10 by Jefferies. The rating was maintained by Citigroup on Monday, August 22 with “Neutral”. The firm has “Buy” rating by Goldman Sachs given on Tuesday, April 4. As per Thursday, November 2, the company rating was maintained by Morgan Stanley. The firm has “Hold” rating by BMO Capital Markets given on Sunday, August 20. B. Riley & Co maintained it with “Neutral” rating and $90 target in Friday, February 3 report. The company was maintained on Friday, August 18 by Piper Jaffray. The stock has “Buy” rating by Stifel Nicolaus on Friday, August 18. Oppenheimer maintained the stock with “Buy” rating in Wednesday, September 20 report.

About 70,461 shares traded. Estee Lauder Companies Inc (NYSE:EL) has risen 1.49% since November 14, 2016 and is uptrending. It has underperformed by 15.21% the S&P500.

Analysts await Estee Lauder Companies Inc (NYSE:EL) to report earnings on February, 1. They expect $1.42 earnings per share, up 16.39 % or $0.20 from last year’s $1.22 per share. EL’s profit will be $522.92 million for 22.12 P/E if the $1.42 EPS becomes a reality. After $1.21 actual earnings per share reported by Estee Lauder Companies Inc for the previous quarter, Wall Street now forecasts 17.36 % EPS growth.

The Estee Lauder Companies Inc. manufactures and markets skin care, makeup, fragrance and hair care products. The company has market cap of $46.26 billion. The Firm offers products, including skin care, makeup, fragrance, hair care and other. It has a 33.96 P/E ratio. The Firm operates in beauty products segment.

More notable recent Estee Lauder Companies Inc (NYSE:EL) news were published by: Businesswire.com which released: “The Estée Lauder Companies to Webcast Annual Stockholders’ Meeting” on November 06, 2017, also Nasdaq.com with their article: “Estee Lauder (EL) Q1 Earnings Likely to Grow Y/Y: Here’s Why” published on October 26, 2017, Businesswire.com published: “The Estée Lauder Companies Inc. Increases Quarterly Dividend 12% to $.38 Per Share” on November 01, 2017. More interesting news about Estee Lauder Companies Inc (NYSE:EL) were released by: Zacks.com and their article: “Estee Lauder Companies (EL) in Focus: Stock Moves 9.2% Higher November 02, 2017” published on November 02, 2017 as well as Businesswire.com‘s news article titled: “The Estée Lauder Companies to Webcast Discussion of Fiscal 2018 First Quarter …” with publication date: October 18, 2017.

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