Coty Inc (NYSE:COTY) gets downgraded to Underperform by Bank of America with a price target of $10.00

ME Staff
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Analyst Ratings For Coty Inc (NYSE:COTY)

Today, Coty Inc (NYSE:COTY) stock was downgraded by Bank of America from Buy to Underperform with a price target of $10.00.

There are 8 Hold Ratings, 5 Buy Ratings, 2 Sell Ratings, no Strong Buy Ratings on the stock.

The current consensus rating on Coty Inc (NYSE:COTY) is Hold with a consensus target price of $16.6538 per share, a potential 45.70% upside.

Some recent analyst ratings include

  • 8/16/2018-Coty Inc (NYSE:COTY) gets downgraded to Underperform by Bank of America with a price target of $10.00
  • 7/17/2018-Coty Inc (NYSE:COTY) had its Hold rating reiterated by Wells Fargo & Co
  • 5/11/2018-Coty Inc (NYSE:COTY) gets downgraded to Hold by Deutsche Bank with a price target of $20.00

Recent Insider Trading Activity For Coty Inc (NYSE:COTY)
Coty Inc (NYSE:COTY) has insider ownership of 1.00% and institutional ownership of 66.29%.

  • On 5/15/2018 Daniel E Ramos, Insider, bought 46,700 with an average share price of $14.34 per share and the total transaction amounting to $669,678.00.
  • On 5/11/2018 Daniel E Ramos, Insider, bought 20,000 with an average share price of $14.32 per share and the total transaction amounting to $286,400.00.
  • On 5/11/2018 Robert S Singer, Director, bought 15,000 with an average share price of $14.12 per share and the total transaction amounting to $211,800.00.
  • On 2/14/2018 Cosmetics B.V. Jab, Major Shareholder, bought 4,100,000 with an average share price of $20.60 per share and the total transaction amounting to $84,460,000.00.
  • On 2/12/2018 Cosmetics B.V. Jab, Major Shareholder, bought 1,550,000 with an average share price of $20.27 per share and the total transaction amounting to $31,418,500.00.
  • On 12/11/2017 Edgar O Huber, Insider, bought 4,000 with an average share price of $17.74 per share and the total transaction amounting to $70,960.00.
  • On 11/17/2017 Cosmetics B.V. Jab, Major Shareholder, bought 2,800,000 with an average share price of $16.94 per share and the total transaction amounting to $47,432,000.00.

About Coty Inc (NYSE:COTY)
Coty Inc., together with its subsidiaries, manufactures, markets, sells, and distributes beauty products worldwide. It operates in three segments: Consumer Beauty, Luxury, and Professional Beauty. 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. The Luxury segment provides prestige fragrances, and premium skincare and cosmetics products across various regions and luxury channels, including upscale perfumeries, upscale department stores and duty-free shops, and travel retail sales channels. The Professional Beauty segment offers hair and nail care, and other salon products to nail and hair salons, nail and hair professionals, and professional stores. The company markets and sells its products under the Astor, Bourjois, Clairol, Coty, COVERGIRL, Joop!, Jovan, Lancaster, Manhattan, Max Factor, Nioxin, N.Y.C. New York Color, OPI, philosophy, Rimmel, Sally Hansen, System Professional, and Wella brands. Coty Inc. also sells its products through third-party distributors, as well as operates a COVERGIRL flagship store. The company was founded in 1904 and is headquartered in New York, New York.

Recent Trading Activity for Coty Inc (NYSE:COTY)
Shares of Coty Inc closed the previous trading session at 11,43 −0,34 2,89 % with 11.89 shares trading hands.