Raymond James Sticks to Their Hold Rating for The Estée Lauder Companies (EL)

In a report released today, Joseph Altobello from Raymond James maintained a Hold rating on The Estée Lauder Companies (ELResearch Report). The company’s shares closed last Friday at $272.81.

According to TipRanks.com, Altobello is a 5-star analyst with an average return of 16.2% and a 66.6% success rate. Altobello covers the Consumer Goods sector, focusing on stocks such as MasterCraft Boat Holdings, Acushnet Holdings, and OneWater Marine.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Estée Lauder Companies with a $281.10 average price target.

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The company has a one-year high of $267.20 and a one-year low of $137.01. Currently, The Estée Lauder Companies has an average volume of 1.29M.

Based on the recent corporate insider activity of 104 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.

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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.