Coty Inc. (NYSE:COTY) has earned an average rating of “Hold” from the sixteen analysts that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $21.88.

Several equities research analysts have recently issued reports on COTY shares. Stifel Nicolaus set a $25.00 target price on shares of Coty and gave the stock a “buy” rating in a report on Monday. Societe Generale started coverage on shares of Coty in a report on Monday, June 12th. They issued a “buy” rating and a $21.00 target price for the company. Royal Bank Of Canada restated a “hold” rating and issued a $22.00 target price on shares of Coty in a report on Thursday, June 8th. Jefferies Group LLC started coverage on shares of Coty in a report on Friday, June 2nd. They issued a “hold” rating and a $17.00 target price for the company. Finally, Barclays PLC set a $19.00 target price on shares of Coty and gave the stock a “hold” rating in a report on Saturday, May 13th.

Coty (COTY) traded down 9.41% during trading on Tuesday, hitting $17.71. 46,107,617 shares of the company’s stock were exchanged. The company’s market cap is $13.24 billion. Coty has a 52-week low of $16.08 and a 52-week high of $29.00. The firm has a 50 day moving average price of $19.31 and a 200 day moving average price of $18.82.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Friday, September 1st will be paid a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 2.82%. The ex-dividend date is Wednesday, August 30th. Coty’s dividend payout ratio is presently -200.00%.

TRADEMARK VIOLATION WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are reading this news story on another domain, it was illegally copied and republished in violation of U.S. & international trademark and copyright law. The legal version of this news story can be accessed at https://www.americanbankingnews.com/2017/08/22/coty-inc-coty-receives-consensus-recommendation-of-hold-from-brokerages.html.

In other news, insider Laurent Kleitman purchased 4,400 shares of the stock in a transaction dated Friday, June 9th. The shares were acquired at an average cost of $18.63 per share, for a total transaction of $81,972.00. Following the acquisition, the insider now owns 35,400 shares of the company’s stock, valued at $659,502. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Peter Harf purchased 26,500 shares of the stock in a transaction dated Friday, June 16th. The stock was purchased at an average price of $19.00 per share, for a total transaction of $503,500.00. The disclosure for this purchase can be found here. Insiders purchased a total of 174,270 shares of company stock worth $3,316,861 in the last ninety days. 16.10% of the stock is currently owned by insiders.

Coty Company Profile

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Analyst Recommendations for Coty (NYSE:COTY)

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