Estee Lauder Companies, Inc. (The) (NYSE:EL) has been assigned a $115.00 target price by analysts at Royal Bank Of Canada in a report released on Monday. The brokerage presently has a “buy” rating on the stock. Royal Bank Of Canada’s price target indicates a potential upside of 5.70% from the company’s current price.

A number of other research firms have also weighed in on EL. KeyCorp set a $115.00 target price on shares of Estee Lauder Companies, Inc. (The) and gave the company a “buy” rating in a report on Monday, October 16th. Citigroup Inc. reissued an “outperform” rating and issued a $120.00 target price (up from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, September 20th. Oppenheimer Holdings, Inc. reissued a “buy” rating and issued a $120.00 target price (up from $110.00) on shares of Estee Lauder Companies, Inc. (The) in a report on Wednesday, September 20th. Macquarie began coverage on shares of Estee Lauder Companies, Inc. (The) in a report on Friday, September 15th. They issued an “outperform” rating and a $124.00 target price for the company. Finally, Stifel Nicolaus raised their target price on shares of Estee Lauder Companies, Inc. (The) from $114.00 to $121.00 and gave the company a “buy” rating in a report on Thursday. One research analyst has rated the stock with a sell rating, six have given a hold rating, twenty have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $111.46.

Estee Lauder Companies, Inc. (NYSE EL) traded up 0.170% during midday trading on Monday, reaching $108.985. 397,632 shares of the company traded hands. The firm’s 50 day moving average price is $109.13 and its 200 day moving average price is $98.64. The firm has a market capitalization of $40.10 billion, a price-to-earnings ratio of 32.533 and a beta of 0.67. Estee Lauder Companies, Inc. has a 12 month low of $75.30 and a 12 month high of $111.79.

Estee Lauder Companies, Inc. (The) (NYSE:EL) last posted its earnings results on Friday, August 18th. The company reported $0.51 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.08. Estee Lauder Companies, Inc. (The) had a net margin of 10.56% and a return on equity of 32.38%. The firm had revenue of $2.89 billion during the quarter, compared to analyst estimates of $2.86 billion. During the same period last year, the firm posted $0.43 earnings per share. Estee Lauder Companies, Inc. (The)’s revenue for the quarter was up 9.4% compared to the same quarter last year. On average, analysts expect that Estee Lauder Companies, Inc. will post $3.99 earnings per share for the current year.

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In other news, Director Irvine O. Hockaday, Jr. sold 2,000 shares of the firm’s stock in a transaction on Friday, August 25th. The stock was sold at an average price of $105.41, for a total transaction of $210,820.00. Following the transaction, the director now owns 26,240 shares in the company, valued at $2,765,958.40. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Gregory Polcer sold 25,000 shares of the firm’s stock in a transaction on Wednesday, October 4th. The shares were sold at an average price of $110.00, for a total value of $2,750,000.00. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 580,641 shares of company stock valued at $61,605,635. Corporate insiders own 16.24% of the company’s stock.

Several institutional investors have recently made changes to their positions in the company. APG Asset Management N.V. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 14.4% during the third quarter. APG Asset Management N.V. now owns 1,099,545 shares of the company’s stock valued at $118,575,000 after buying an additional 138,700 shares during the period. LS Investment Advisors LLC increased its stake in shares of Estee Lauder Companies, Inc. (The) by 119.1% during the third quarter. LS Investment Advisors LLC now owns 17,578 shares of the company’s stock valued at $1,896,000 after buying an additional 9,555 shares during the period. Robeco Institutional Asset Management B.V. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 6.3% during the third quarter. Robeco Institutional Asset Management B.V. now owns 710,963 shares of the company’s stock valued at $76,673,000 after buying an additional 41,935 shares during the period. Sumitomo Life Insurance Co. purchased a new position in shares of Estee Lauder Companies, Inc. (The) during the third quarter valued at $1,568,000. Finally, Wendell David Associates Inc. increased its stake in shares of Estee Lauder Companies, Inc. (The) by 2.9% during the third quarter. Wendell David Associates Inc. now owns 24,603 shares of the company’s stock valued at $2,653,000 after buying an additional 700 shares during the period. Hedge funds and other institutional investors own 54.50% of the company’s stock.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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