Royal Bank Of Canada reiterated their outperform rating on shares of Coty (NYSE:COTY – Free Report) in a research report released on Tuesday morning,Benzinga reports. They currently have a $10.00 price target on the stock.
COTY has been the subject of several other research reports. Rothschild Redb raised shares of Coty to a “hold” rating in a research report on Tuesday, November 25th. Evercore ISI cut shares of Coty from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 23rd. Rothschild & Co Redburn initiated coverage on Coty in a report on Tuesday, November 25th. They issued a “neutral” rating and a $3.60 price target for the company. Santander cut Coty to a “neutral” rating in a research note on Tuesday, December 23rd. Finally, TD Cowen lowered their target price on Coty from $3.50 to $3.40 and set a “hold” rating for the company in a research note on Wednesday, January 21st. Three analysts have rated the stock with a Buy rating, eighteen have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $5.20.
Read Our Latest Analysis on COTY
Coty Price Performance
Coty (NYSE:COTY – Get Free Report) last released its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). Coty had a positive return on equity of 4.74% and a negative net margin of 6.60%.The firm had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the business earned $0.15 earnings per share. The business’s revenue for the quarter was down 5.6% compared to the same quarter last year. As a group, research analysts anticipate that Coty will post 0.39 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of COTY. Royal Bank of Canada increased its holdings in Coty by 8.2% during the 1st quarter. Royal Bank of Canada now owns 128,451 shares of the company’s stock worth $702,000 after purchasing an additional 9,700 shares during the last quarter. United Services Automobile Association bought a new stake in shares of Coty in the first quarter worth $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in shares of Coty by 7.1% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,298,221 shares of the company’s stock worth $7,101,000 after buying an additional 86,534 shares during the last quarter. Focus Partners Wealth acquired a new stake in Coty in the first quarter valued at $73,000. Finally, KLP Kapitalforvaltning AS boosted its stake in Coty by 13.2% during the 2nd quarter. KLP Kapitalforvaltning AS now owns 90,800 shares of the company’s stock valued at $422,000 after acquiring an additional 10,600 shares during the last quarter. Hedge funds and other institutional investors own 42.36% of the company’s stock.
Trending Headlines about Coty
Here are the key news stories impacting Coty this week:
- Positive Sentiment: Coty announced a strategic collaboration to roll out ChatGPT Enterprise across the organization, framing the move as a driver of responsible AI adoption, productivity gains and improved marketing/consumer insights — a potential long-term efficiency and margin tailwind. Coty bets on artificial intelligence in 2026 with OpenAI partnership Coty teams up with OpenAI (MSN) Coty Enters Strategic Collaboration With OpenAI (Yahoo)
- Positive Sentiment: Royal Bank of Canada reaffirmed an “outperform” rating and set a $10 price target, signaling strong analyst conviction (large implied upside from current levels) that could support sentiment and attract buyers. Benzinga coverage of RBC reaffirmation
- Positive Sentiment: Management elevated Asmita Singh to Marketing Director for Marc Jacobs & Kylie Cosmetics, a personnel move that may improve brand execution and new-product marketing at key prestige and celebrity brands. Coty elevates Asmita Singh (Exchange4Media)
- Neutral Sentiment: Zacks previews Coty’s fiscal Q2: revenue may decline but earnings could improve (operational leverage and cost actions), making the upcoming results a key catalyst but leaving direction uncertain. Coty’s Q2 Earnings preview (Zacks)
- Neutral Sentiment: Market reaction to the OpenAI news has so far been muted in some outlets — the collaboration is strategic but the near-term revenue/earnings impact is unclear, which helps explain mixed intraday trading. Coty Strikes Deal with OpenAI, Shares Virtually Unchanged (Baystreet)
- Negative Sentiment: Sector notes flag profit pressure and margin strain across consumer staples as inflation-weary consumers tighten spending — a macro headwind that could limit Coty’s near-term pricing power and weigh on revenues. Consumer Staples earnings to watch (Zacks)
Coty Company Profile
Coty Inc is a multinational beauty company specializing in the development, manufacturing and marketing of fragrances, color cosmetics and skin and body care products. Established in 1904 by François Coty in Paris, the company has grown through a blend of organic innovation and strategic acquisitions to become one of the leading players in the global beauty industry. Coty’s portfolio encompasses a broad range of consumer and luxury brands, reflecting its commitment to catering to diverse consumer preferences and market segments.
The company’s product offerings span three main divisions: Coty Luxury, Coty Consumer Beauty and Coty Professional Beauty.
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