In a report released today, Joseph Altobello from Raymond James maintained a Buy rating on The Estée Lauder Companies (EL – Research Report). The company’s shares closed last Monday at $223.85, close to its 52-week high of $235.84.
According to TipRanks.com, Altobello is a 5-star analyst with an average return of 8.6% and a 59.6% success rate. Altobello covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Harley-Davidson, and Church & Dwight.
The Estée Lauder Companies has an analyst consensus of Moderate Buy, with a price target consensus of $231.79, implying a -0.7% downside from current levels. In a report released today, Oppenheimer also upgraded the stock to Buy with a $250.00 price target.
The company has a one-year high of $235.84 and a one-year low of $137.01. Currently, The Estée Lauder Companies has an average volume of 1.11M.
Based on the recent corporate insider activity of 77 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EL in relation to earlier this year. Most recently, in September 2020, Barry Sternlicht, a Director at EL sold 15,000 shares for a total of $2,355,250.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
The Estée Lauder Companies, Inc. engages in the manufacturing of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced. Its channels primarily consist of department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas. The company was founded by Estée Lauder and Joseph Lauder in 1946 and is headquartered in New York, NY.