Analysts are on the Bearish side about Coty Inc. (NYSE:COTY) this week.

February 15, 2018 - By Nellie Frank

 Analysts are on the Bearish side about Coty Inc. (NYSE:COTY) this week.
Investors sentiment increased to 1.17 in 2017 Q3. Its up 0.03, from 1.14 in 2017Q2. It is positive, as 36 investors sold Coty Inc. shares while 91 reduced holdings. 39 funds opened positions while 110 raised stakes. 510.97 million shares or 5.68% more from 483.48 million shares in 2017Q2 were reported.
Malaga Cove Capital Limited Liability holds 121,573 shares. Aviva Public Ltd Com holds 0.03% in Coty Inc. (NYSE:COTY) or 298,886 shares. 721,378 are owned by Qci Asset Mngmt Inc. Morgan Stanley stated it has 0.01% in Coty Inc. (NYSE:COTY). Amica Retiree Medical accumulated 2,884 shares. Tarbox Family Office Inc, California-based fund reported 31 shares. United Kingdom-based Ruffer Ltd Liability Partnership has invested 0.04% in Coty Inc. (NYSE:COTY). Quantbot Tech Limited Partnership holds 0.02% in Coty Inc. (NYSE:COTY) or 15,077 shares. Moreover, California State Teachers Retirement Sys has 0.03% invested in Coty Inc. (NYSE:COTY). Nordea Inv stated it has 18,177 shares. Moreover, Vident Advisory Llc has 0.03% invested in Coty Inc. (NYSE:COTY). Exxonmobil Management Tx invested in 86,134 shares. State Teachers Retirement System holds 0.03% or 626,940 shares in its portfolio. Asset Management One Ltd, a Japan-based fund reported 747,362 shares. Soros Fund Mngmt Ltd Liability Co invested in 0.15% or 390,000 shares.

Since August 24, 2017, it had 1 insider purchase, and 0 sales for $42.38 million activity.

Coty Inc. (NYSE:COTY) Ratings Coverage

Among 16 analysts covering Coty (NYSE:COTY), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Coty had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets with “Hold” on Friday, October 20. The stock of Coty Inc. (NYSE:COTY) has “Neutral” rating given on Thursday, August 25 by Citigroup. The firm has “Neutral” rating given on Tuesday, July 21 by Sterne Agee CRT. On Friday, August 14 the stock rating was maintained by Piper Jaffray with “Hold”. On Monday, August 17 the stock rating was maintained by Deutsche Bank with “Buy”. On Friday, February 9 the stock rating was maintained by Citigroup with “Buy”. As per Thursday, February 8, the company rating was maintained by Stifel Nicolaus. The stock of Coty Inc. (NYSE:COTY) has “Outperform” rating given on Thursday, December 21 by RBC Capital Markets. Morgan Stanley reinitiated Coty Inc. (NYSE:COTY) rating on Tuesday, November 1. Morgan Stanley has “Equal-Weight” rating and $24 target. The firm has “Hold” rating by JP Morgan given on Thursday, August 27. Below is a list of Coty Inc. (NYSE:COTY) latest ratings and price target changes.

12/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $15 New Target: $17 Maintain
09/02/2018 Broker: Barclays Capital Rating: Hold New Target: $20.0
08/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $23.0 Maintain
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $21 New Target: $23 Maintain
08/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $24.0 Maintain
21/12/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
12/12/2017 Broker: Citigroup Rating: Buy New Target: $21.0 Upgrade
10/11/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $24 New Target: $22 Maintain
10/11/2017 Broker: DA Davidson Rating: Neutral Old Target: $17.5 New Target: $18 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $18.0 Maintain

The stock increased 1.18% or $0.25 during the last trading session, reaching $21.5. About 1.86M shares traded. Coty Inc. (NYSE:COTY) has declined 25.39% since February 15, 2017 and is downtrending. It has underperformed by 42.09% the S&P500.

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $16.12 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

More notable recent Coty Inc. (NYSE:COTY) news were published by: Streetinsider.com which released: “Coty Inc. (COTY) PT Raised to $23 at Stifel” on February 09, 2018, also Streetinsider.com with their article: “Coty Inc. (COTY) PT Raised to $24 at BMO Capital” published on February 09, 2018, Businesswire.com published: “Coty Inc. Reports Second Quarter Fiscal 2018 Results” on February 08, 2018. More interesting news about Coty Inc. (NYSE:COTY) were released by: Nasdaq.com and their article: “Earnings Reaction History: Coty Inc., 50.0% Follow-Through Indicator, 6.3 …” published on February 08, 2018 as well as Fool.com‘s news article titled: “Why Coty Inc. Stock Jumped Thursday” with publication date: February 08, 2018.

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