Barclays has revised its price target for Coty (COTY, Financial), cutting it from $5 to $4.50. The investment firm maintains an Underweight rating on the company's shares in its preview of the consumer staples sector's first-quarter earnings.
According to Barclays, signs of consumer sluggishness were noticeable even before "Liberation Day," and they remain skeptical that the subsequent 90-day period will significantly rejuvenate these market segments. Despite a reduction in tariff-related cost pressures, the firm highlights ongoing uncertainty in the consumer staples market.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for Coty Inc (COTY, Financial) is $8.42 with a high estimate of $13.50 and a low estimate of $5.00. The average target implies an upside of 63.79% from the current price of $5.14. More detailed estimate data can be found on the Coty Inc (COTY) Forecast page.
Based on the consensus recommendation from 22 brokerage firms, Coty Inc's (COTY, Financial) average brokerage recommendation is currently 2.3, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Coty Inc (COTY, Financial) in one year is $10.02, suggesting a upside of 94.94% from the current price of $5.14. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Coty Inc (COTY) Summary page.
