Investment analysts at Stifel Nicolaus initiated coverage on shares of e.l.f. Beauty Inc (NYSE:ELF) in a research report issued on Monday. The firm set a “hold” rating and a $25.00 price target on the stock. Stifel Nicolaus’ target price indicates a potential downside of 9.02% from the company’s previous close.

Separately, JPMorgan Chase & Co. began coverage on e.l.f. Beauty in a research report on Monday. They set a “neutral” rating and a $28.00 price objective for the company. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $29.17.

Analyst Recommendations for e.l.f. Beauty (NYSE:ELF)

e.l.f. Beauty (NYSE:ELF) traded up 2.00% during mid-day trading on Monday, reaching $27.48. 412,442 shares of the company were exchanged. The stock’s 50-day moving average price is $26.37 and its 200-day moving average price is $26.37. e.l.f. Beauty has a 1-year low of $23.73 and a 1-year high of $28.92. The stock’s market capitalization is $85.41 million.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at

In related news, major shareholder Cosmetics Corp. J.A. sold 1,457,901 shares of the company’s stock in a transaction on Tuesday, September 27th. The stock was sold at an average price of $15.81, for a total transaction of $23,049,414.81. Following the transaction, the insider now owns 8,279,999 shares of the company’s stock, valued at $130,906,784.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

About e.l.f. Beauty

e.l.f. Beauty, Inc is a holding company that offers its services in the cosmetics category. The Company’s cosmetics category consists of face makeup, eye makeup, lip products, nail products and cosmetics sets/kits, and excludes beauty tools and accessories, such as brushes and applicators. It offers various brands in the cosmetics industry.

5 Day Chart for NYSE:ELF

Receive News & Ratings for e.l.f. Beauty Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for e.l.f. Beauty Inc and related companies with's FREE daily email newsletter.