Navigating 12 Analyst Ratings For Estee Lauder Cos
Portfolio Pulse from Benzinga Insights
Estee Lauder Cos (NYSE:EL) has been evaluated by 12 analysts over the last three months, showing a diverse range of opinions. Recent updates include raised price targets and ratings, with an average 12-month price target of $160.17, marking a 17.0% increase from the previous average of $136.90. The company is a leader in the global prestige beauty market but faces challenges with a -7.38% revenue growth decline over 3 months. Despite this, it maintains strong profitability metrics.
April 02, 2024 | 1:00 pm
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Estee Lauder has received varied analyst ratings, with a significant increase in its average price target to $160.17. Despite a revenue decline, it shows strong profitability and market position.
The increase in Estee Lauder's average price target by analysts, despite a revenue decline, suggests a positive outlook on its long-term growth and profitability. The company's strong market position and profitability metrics likely contribute to this optimistic view, potentially leading to a short-term positive impact on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100