Equities research analysts at Wells Fargo & Co. initiated coverage on shares of Coty (NYSE:COTY) in a research note issued to investors on Tuesday, TheFlyOnTheWall.com reports. The firm set a “market perform” rating on the stock.
A number of other firms have also recently commented on COTY. Analysts at Deutsche Bank initiated coverage on shares of Coty in a research note to investors on Tuesday, July 23rd. They set a “buy” rating and a GBX 20 ($0.31) price target on the stock. Separately, analysts at Piper Jaffray Cos. initiated coverage on shares of Coty in a research note to investors on Tuesday, July 23rd. They set an “overweight” rating and a $21.00 price target on the stock. Finally, analysts at Bank of America Corp. initiated coverage on shares of Coty in a research note to investors on Tuesday, July 23rd. They set a “buy” rating on the stock.
Four investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $20.00.
Coty Inc is engage in the manufacturing, marketing and distribution of women’s and men’s fragrances, color cosmetics and skin and body care related products globally.
