Coty (NYSE:COTY) Given New $3.00 Price Target at Citigroup

Coty (NYSE:COTY) had its price target reduced by Citigroup from $3.50 to $3.00 in a report issued on Monday morning,Benzinga reports. Citigroup currently has a neutral rating on the stock.

COTY has been the topic of a number of other reports. Santander cut shares of Coty to a “neutral” rating in a research note on Tuesday, December 23rd. Morgan Stanley set a $3.50 price target on shares of Coty in a research report on Monday. Rothschild & Co Redburn set a $3.60 price objective on shares of Coty in a research note on Tuesday, November 25th. Evercore lowered Coty from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 23rd. Finally, Jefferies Financial Group began coverage on Coty in a report on Wednesday, January 14th. They set a “buy” rating and a $3.50 target price on the stock. Two research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $4.51.

Coty Stock Performance

COTY opened at $2.55 on Monday. Coty has a 1-year low of $2.44 and a 1-year high of $7.10. The stock has a market cap of $2.23 billion, a P/E ratio of -4.11, a P/E/G ratio of 0.20 and a beta of 0.95. The stock’s 50 day simple moving average is $3.18 and its 200 day simple moving average is $3.80. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.52.

Coty (NYSE:COTY) last posted its earnings results on Thursday, February 5th. The company reported $0.14 EPS for the quarter, missing analysts’ consensus estimates of $0.18 by ($0.04). Coty had a positive return on equity of 5.38% and a negative net margin of 9.13%.The firm had revenue of $1.68 billion for the quarter, compared to analysts’ expectations of $1.66 billion. During the same quarter in the previous year, the firm posted $0.11 earnings per share. The firm’s revenue for the quarter was up .5% compared to the same quarter last year. As a group, equities analysts anticipate that Coty will post 0.39 EPS for the current fiscal year.

Institutional Trading of Coty

Several hedge funds and other institutional investors have recently bought and sold shares of COTY. Credit Agricole S A purchased a new position in shares of Coty during the 3rd quarter worth $63,824,000. Norges Bank acquired a new position in Coty in the second quarter valued at $52,449,000. Two Sigma Investments LP lifted its position in Coty by 793.5% during the third quarter. Two Sigma Investments LP now owns 4,401,554 shares of the company’s stock worth $17,782,000 after buying an additional 3,908,955 shares during the period. Squarepoint Ops LLC acquired a new stake in Coty in the 2nd quarter worth about $15,829,000. Finally, Assenagon Asset Management S.A. grew its holdings in Coty by 6,340.5% in the 3rd quarter. Assenagon Asset Management S.A. now owns 2,883,926 shares of the company’s stock valued at $11,651,000 after buying an additional 2,839,148 shares during the period. 42.36% of the stock is owned by hedge funds and other institutional investors.

Key Coty News

Here are the key news stories impacting Coty this week:

• Positive Sentiment: RBC lowered its price target from $10.00 to $8.00 but kept an Outperform rating, implying ~213.7% upside from the current price — a prominent bullish endorsement that could support a recovery if execution improves. Benzinga The Fly
• Neutral Sentiment: Zacks published a piece urging investors to watch Coty’s international revenue trends — informative for modeling future growth but not immediately catalytic. Zacks Article
• Neutral Sentiment: J.P. Morgan maintained a Hold (neutral) rating, noting limited visibility and structural headwinds — reinforces the market’s cautious stance rather than providing fresh upside or downside pressure. TipRanks – J.P. Morgan
• Neutral Sentiment: Morgan Stanley kept a Hold, citing weaker fundamentals offset by compressed valuation — adds to consensus that recovery hinges on clearer operational improvement. TipRanks – Morgan Stanley
• Neutral Sentiment: Citi (analyst note) moved its price target down from $3.50 to $3.00 and maintained a Neutral rating — a modestly lower benchmark that narrows near-term upside expectations. Benzinga TickerReport
• Neutral Sentiment: Coty ended its license deal with Orveda after four years — a portfolio change that is likely neutral in isolation but underscores ongoing brand/portfolio reshaping. Cosmetics Business
• Negative Sentiment: Recent coverage and commentary highlight margin pressure and management’s emphasis on portfolio simplification and channel shifts — signals of near-term margin squeeze that weigh on profit forecasts. MSN Deep Dive
• Negative Sentiment: Coty’s recent earnings/quarterly commentary and an earnings-call summary flagged a cautious tone and margin squeeze — items that likely drove the stock to a 12‑month low after weak results. TipRanks – Earnings Call American Banking News

About Coty

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.