Estée Lauder Companies (NYSE:EL) PT Raised to $285.00 at JPMorgan Chase & Co.

Estée Lauder Companies (NYSE:EL – Get Rating) had its target price increased by investment analysts at JPMorgan Chase & Co. from $274.00 to $285.00 in a note issued to investors on Friday, The Fly reports. The brokerage currently has an “overweight” rating on the stock. JPMorgan Chase & Co.‘s price target would suggest a potential upside of 6.65% from the company’s previous close.

EL has been the subject of several other reports. Canaccord Genuity Group started coverage on shares of Estée Lauder Companies in a research note on Wednesday, November 16th. They issued a “hold” rating and a $228.00 price target for the company. Oppenheimer lifted their price target on shares of Estée Lauder Companies from $230.00 to $245.00 in a research note on Wednesday, November 16th. Royal Bank of Canada decreased their price target on shares of Estée Lauder Companies from $313.00 to $287.00 and set an “outperform” rating for the company in a research note on Thursday, November 3rd. Raymond James decreased their price target on shares of Estée Lauder Companies from $280.00 to $245.00 and set a “strong-buy” rating for the company in a research note on Thursday, November 3rd. Finally, Barclays lifted their price target on shares of Estée Lauder Companies from $224.00 to $290.00 and gave the company an “overweight” rating in a research note on Tuesday, January 10th. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, Estée Lauder Companies presently has an average rating of “Moderate Buy” and a consensus target price of $267.35.

Estée Lauder Companies Price Performance

Shares of NYSE EL opened at $267.22 on Friday. Estée Lauder Companies has a twelve month low of $186.47 and a twelve month high of $331.15. The firm has a fifty day simple moving average of $237.83 and a 200 day simple moving average of $241.23. The company has a market capitalization of $95.35 billion, a PE ratio of 44.61, a P/E/G ratio of 5.13 and a beta of 0.95. The company has a quick ratio of 1.11, a current ratio of 1.68 and a debt-to-equity ratio of 0.93.

Estée Lauder Companies (NYSE:EL – Get Rating) last announced its earnings results on Wednesday, November 2nd. The company reported $1.37 earnings per share for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. Estée Lauder Companies had a net margin of 12.66% and a return on equity of 41.46%. The business had revenue of $3.93 billion during the quarter, compared to the consensus estimate of $3.92 billion. On average, sell-side analysts forecast that Estée Lauder Companies will post 5.35 EPS for the current year.

Institutional Investors Weigh In On Estée Lauder Companies

Several institutional investors have recently added to or reduced their stakes in EL. Truvestments Capital LLC purchased a new stake in Estée Lauder Companies during the 2nd quarter valued at $25,000. Vigilant Capital Management LLC boosted its position in Estée Lauder Companies by 280.0% during the 3rd quarter. Vigilant Capital Management LLC now owns 114 shares of the company’s stock valued at $25,000 after buying an additional 84 shares during the period. GoalVest Advisory LLC purchased a new stake in Estée Lauder Companies during the 2nd quarter valued at $31,000. J.W. Cole Advisors Inc. purchased a new stake in Estée Lauder Companies during the 1st quarter valued at $31,000. Finally, CoreCap Advisors LLC bought a new position in Estée Lauder Companies in the 2nd quarter worth $33,000. Hedge funds and other institutional investors own 55.74% of the company’s stock.

Estée Lauder Companies Company Profile

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The Estée Lauder Companies Inc manufactures, markets, and sells skin care, makeup, fragrance, and hair care products worldwide. It offers a range of skin care products, including moisturizers, serums, cleansers, toners, body care, exfoliators, acne care and oil correctors, facial masks, cleansing devices, and sun care products; and makeup products, such as lipsticks, lip glosses, mascaras, foundations, eyeshadows, nail polishes, and powders, as well as compacts, brushes, and other makeup tools.