Equities researchers at Merrill Lynch started coverage on shares of Coty (NYSE:COTY) in a research report issued on Tuesday, StockRatingsNetwork.com reports. The firm set a “buy” rating on the stock.
Other equities research analysts have also recently issued reports about the stock. Analysts at JPMorgan Cazenove initiated coverage on shares of Coty in a research note to investors on Tuesday, July 23rd. They set an “outperform” rating and a GBX 20 ($0.31) price target on the stock. Separately, analysts at Wells Fargo & Co. initiated coverage on shares of Coty in a research note to investors on Tuesday, July 23rd. They set a “market perform” rating on the stock. Finally, 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.
Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Coty presently has a consensus 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.
