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Coty (NYSE:COTY)‘s stock had its “neutral” rating restated by equities researchers at Credit Suisse in a research report issued on Friday. They currently have a $18.00 price objective on the stock, down from their previous price objective of $19.00. Credit Suisse’s target price indicates a potential upside of 3.51% from the company’s current price.

A number of other analysts have also recently weighed in on COTY. Analysts at B. Riley cut their price target on shares of Coty from $16.00 to $14.00 in a research note on Friday. They now have a “neutral” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Coty in a research note on Wednesday, July 16th. They now have a $20.00 price target on the stock, up previously from $18.00. Finally, analysts at BMO Capital Markets initiated coverage on shares of Coty in a research note on Monday, June 30th. They set an “outperform” rating and a $19.00 price target on the stock. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Coty currently has an average rating of “Hold” and a consensus price target of $16.89.

Coty (NYSE:COTY) traded down 1.32% during mid-day trading on Friday, hitting $17.16. 406,441 shares of the company’s stock traded hands. Coty has a 1-year low of $12.83 and a 1-year high of $18.95. The stock has a 50-day moving average of $17.49 and a 200-day moving average of $16.26. The company’s market cap is $6.511 billion.

Coty (NYSE:COTY) last posted its quarterly earnings results on Thursday, August 28th. The company reported $0.03 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.05 by $0.02. The company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter in the previous year, the company posted $0.03 earnings per share. The company’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, analysts predict that Coty will post $0.83 earnings per share for the current fiscal year.

Coty Inc is engaged in manufacturing, marketing and distribution of women’s and men’s fragrances, color cosmetics and skin and body care related products globally.

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