Royal Bank Of Canada Lowers Coty (NYSE:COTY) Price Target to $8.00

Coty (NYSE:COTY) had its price objective lowered by equities researchers at Royal Bank Of Canada from $10.00 to $8.00 in a note issued to investors on Monday, MarketBeat Ratings reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank Of Canada’s price objective points to a potential upside of 216.21% from the stock’s previous close.

A number of other research analysts have also recently commented on the company. Wall Street Zen upgraded Coty from a “sell” rating to a “hold” rating in a research note on Saturday, November 8th. Barclays dropped their target price on Coty from $3.00 to $2.50 and set an “underweight” rating on the stock in a report on Monday. Citigroup decreased their price target on Coty from $4.25 to $3.50 and set a “neutral” rating for the company in a report on Wednesday, December 17th. Evercore lowered shares of Coty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 23rd. Finally, The Goldman Sachs Group reissued a “neutral” rating and set a $2.50 target price on shares of Coty in a research report on Monday. Two research analysts have rated the stock with a Buy rating, seventeen have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $4.51.

Coty Trading Down 0.8%

Shares of COTY stock opened at $2.53 on Monday. The company has a quick ratio of 0.52, a current ratio of 0.79 and a debt-to-equity ratio of 0.81. Coty has a fifty-two week low of $2.44 and a fifty-two week high of $7.10. The firm’s 50 day moving average price is $3.16 and its two-hundred day moving average price is $3.78. The stock has a market cap of $2.21 billion, a price-to-earnings ratio of -4.08, a price-to-earnings-growth ratio of 0.19 and a beta of 0.95.

Coty (NYSE:COTY) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.14 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by ($0.04). The business had revenue of $1.68 billion during the quarter, compared to analyst estimates of $1.66 billion. Coty had a positive return on equity of 5.38% and a negative net margin of 9.13%.Coty’s revenue was up .5% on a year-over-year basis. During the same period in the previous year, the company earned $0.11 EPS. On average, analysts anticipate that Coty will post 0.39 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LLC grew its holdings in Coty by 16.6% during the 2nd quarter. Corient Private Wealth LLC now owns 16,062 shares of the company’s stock worth $75,000 after acquiring an additional 2,286 shares in the last quarter. Teacher Retirement System of Texas lifted its position in shares of Coty by 4.1% during the second quarter. Teacher Retirement System of Texas now owns 59,580 shares of the company’s stock worth $277,000 after purchasing an additional 2,360 shares during the last quarter. J.W. Cole Advisors Inc. grew its stake in Coty by 23.9% in the second quarter. J.W. Cole Advisors Inc. now owns 12,436 shares of the company’s stock worth $58,000 after purchasing an additional 2,398 shares in the last quarter. Atria Investments Inc increased its holdings in Coty by 10.7% in the second quarter. Atria Investments Inc now owns 27,657 shares of the company’s stock valued at $129,000 after buying an additional 2,682 shares during the last quarter. Finally, Vanguard Personalized Indexing Management LLC raised its stake in Coty by 3.1% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 105,316 shares of the company’s stock valued at $425,000 after buying an additional 3,138 shares in the last quarter. 42.36% of the stock is currently owned by institutional investors.

More Coty News

Here are the key news stories impacting Coty this week:

• Positive Sentiment: RBC cut its price target from $10 to $8 but maintained an “Outperform” rating, implying substantial upside and signaling that at least one major shop still views Coty as a turnaround with meaningful recovery potential. RBC target note
• Neutral Sentiment: Analyst consensus roundup: multiple analysts recently published notes on Coty (Benzinga compilation), showing mixed views across shops — helpful for gauging market expectations but not uniformly bullish or bearish. 10 Analysts Have This To Say About Coty
• Neutral Sentiment: Research notes maintaining Holds: J.P. Morgan and Morgan Stanley recently kept neutral/hold stances, citing limited visibility and structural headwinds despite compressed valuation — that keeps upside capped until clearer execution. J.P. Morgan hold note Morgan Stanley hold note
• Neutral Sentiment: Fundamental spotlight: Zacks highlights international revenue trends as an important driver — improvement or further weakness overseas could materially affect earnings trajectory and estimates. Zacks international revenue analysis
• Negative Sentiment: Price target cut at Citigroup: Citi lowered its target from $3.50 to $3.00 and moved to a “Neutral” rating — a downward revision that reduces near-term analyst-driven upside. Citi price-target cut
• Negative Sentiment: Coty ended its license deal with skincare brand Orveda after four years — termination of a licensing arrangement may remove a revenue stream and raises questions on brand/partner strategy execution. Coty ends licence with Orveda
• Negative Sentiment: Recent quarterly results: Coty missed EPS expectations in the latest report (revenue roughly in line) and still shows negative net margins — weak profitability and modest top-line growth keep investor skepticism elevated. (Company earnings release / market summaries)
• Neutral Sentiment: Non-material mention: a historical sports article referencing a person named “Coty Clarke” is unrelated to Coty Inc. and unlikely to affect the stock.

Coty Company Profile

Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.

The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.