Coty (NYSE:COTY) Price Target Raised to $2.80 at Citigroup

Coty (NYSE:COTY - Get Free Report) had its target price hoisted by research analysts at Citigroup from $2.50 to $2.80 in a research report issued to clients and investors on Thursday,Benzinga reports. The brokerage currently has a "neutral" rating on the stock. Citigroup's target price points to a potential upside of 11.73% from the stock's previous close.

Other research analysts have also issued reports about the company. The Goldman Sachs Group reiterated a "neutral" rating and set a $2.50 price objective on shares of Coty in a research note on Monday, February 9th. Royal Bank Of Canada reiterated an "outperform" rating and set a $8.00 target price on shares of Coty in a research report on Monday. Weiss Ratings lowered shares of Coty from a "sell (d)" rating to a "sell (d-)" rating in a research report on Wednesday, April 29th. Jefferies Financial Group assumed coverage on shares of Coty in a report on Wednesday, January 14th. They set a "buy" rating and a $3.50 price objective for the company. Finally, TD Cowen lifted their target price on shares of Coty from $2.30 to $2.90 and gave the company a "hold" rating in a research note on Thursday. One analyst has rated the stock with a Buy rating, fourteen have assigned a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Reduce" and a consensus target price of $3.79.

Coty Price Performance

NYSE COTY traded down $0.14 on Thursday, reaching $2.51. The company's stock had a trading volume of 11,077,276 shares, compared to its average volume of 8,536,762. Coty has a 52 week low of $1.95 and a 52 week high of $5.34. The company has a current ratio of 0.79, a quick ratio of 0.52 and a debt-to-equity ratio of 0.81. The firm has a market cap of $2.21 billion, a PE ratio of -4.04, a price-to-earnings-growth ratio of 0.50 and a beta of 1.06. The business has a 50-day moving average price of $2.28 and a 200 day moving average price of $2.93.

Coty (NYSE:COTY - Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The company reported ($0.03) earnings per share for the quarter. Coty had a negative net margin of 9.20% and a positive return on equity of 4.45%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period in the previous year, the firm posted $0.01 earnings per share. The firm's revenue for the quarter was down 1.3% compared to the same quarter last year. Coty has set its FY 2026 guidance at 0.330-0.350 EPS. Sell-side analysts expect that Coty will post 0.24 EPS for the current year.

Insider Activity

In related news, insider Bretten Gordon Von purchased 83,000 shares of the firm's stock in a transaction dated Friday, March 6th. The shares were acquired at an average cost of $2.41 per share, with a total value of $200,030.00. Following the completion of the purchase, the insider directly owned 986,620 shares of the company's stock, valued at $2,377,754.20. This trade represents a 9.19% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 5.90% of the company's stock.

Institutional Investors Weigh In On Coty

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada boosted its holdings in Coty by 8.2% in the first quarter. Royal Bank of Canada now owns 128,451 shares of the company's stock valued at $702,000 after acquiring an additional 9,700 shares during the last quarter. United Services Automobile Association bought a new position in shares of Coty in the 1st quarter valued at about $131,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in shares of Coty by 7.1% during the 1st 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 period. Focus Partners Wealth bought a new stake in shares of Coty during the first quarter worth approximately $73,000. Finally, Prudential Financial Inc. lifted its holdings in Coty by 17.1% in the second quarter. Prudential Financial Inc. now owns 39,844 shares of the company's stock valued at $185,000 after buying an additional 5,810 shares during the period. 42.36% of the stock is owned by institutional investors and hedge funds.

More Coty News

Here are the key news stories impacting Coty this week:

• Positive Sentiment: Coty raised FY‑2026 EPS guidance to $0.33–$0.35 (above consensus), which supports a better near‑term earnings outlook and helps explain some buying after the report. Coty (COTY) Reports Q3 Loss, Lags Revenue Estimates
• Positive Sentiment: Coty says fragrances and Asia showed resilience, offering operating levers management can emphasize in turnarounds or investor messaging. Coty Loss Widens in Q3, Consumer Beauty Revenues Decline 4%
• Neutral Sentiment: Analyst activity is muted: Canaccord reaffirmed a Hold with a $2.50 target, suggesting limited near‑term catalyst from upgrades. Coty: Hold Rating Reaffirmed as Analyst Maintains $2.50 Price Target Amid Mixed Fundamentals
• Neutral Sentiment: Some broker models still show upside (example PT reported at $3.90) but not enough to shift consensus positioning. Brokerages Set Coty NYSE: COTY PT at $3.90
• Neutral Sentiment: Operational items: management described a “sellout‑led reset” and said a $1 oil move changes profit by ~$2M — small P&L sensitivity but highlights margin pressure. Coty details sellout-led reset as $1 oil move impacts profit by $2M
• Negative Sentiment: Major legal overhang — multiple law firms have filed or are soliciting plaintiffs in securities class actions alleging Coty concealed deteriorating trends, pointed to surprise profit decline and cited an abrupt CEO exit; this raises material litigation and disclosure risk. COTY INVESTOR UPDATE: Coty Inc. (COTY) Sued After Surprise Profit Decline, CEO Exit, and Withdrawn 2026 Guidance -- Hagens Berman INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Coty Inc. Of Class Action Lawsuit and Upcoming Deadlines - COTY COTY INC. (COTY) SHAREHOLDER ALERT: Bernstein Liebhard LLP Reminds Coty, Inc. Investors of Upcoming Deadline
• Negative Sentiment: Q3 results disappointed: Coty swung to a loss, revenues declined and margins were pressured by tariffs, weak demand and Middle East disruptions — concrete fundamentals that justify investor caution. Coty Loss Widens in Q3, Consumer Beauty Revenues Decline 4% Coty Revenues Fall 7% in Q3
• Negative Sentiment: Additional legal/commercial risks: a licensing dispute (David Beckham fragrance brand) adds to uncertainty around brand income and potential legal costs. Coty faces lawsuit over licence dispute for David Beckham’s fragrance brand

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.