Shares of Estee Lauder Companies, Inc. (The) (NYSE:EL) have earned a consensus recommendation of “Buy” from the twenty-three analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and sixteen have given a buy rating to the company. The average 12 month price target among analysts that have covered the stock in the last year is $99.69.

A number of equities research analysts recently weighed in on EL shares. Zacks Investment Research downgraded shares of Estee Lauder Companies, Inc. (The) from a “hold” rating to a “sell” rating in a research note on Tuesday, April 18th. Deutsche Bank AG lowered their target price on shares of Estee Lauder Companies, Inc. (The) from $102.00 to $96.00 and set a “buy” rating on the stock in a research note on Thursday, May 4th. Wells Fargo & Company reaffirmed a “buy” rating on shares of Estee Lauder Companies, Inc. (The) in a research note on Saturday, April 22nd. Vetr downgraded shares of Estee Lauder Companies, Inc. (The) from a “strong-buy” rating to a “buy” rating and set a $101.50 target price on the stock. in a research note on Wednesday, May 3rd. Finally, Societe Generale downgraded shares of Estee Lauder Companies, Inc. (The) from a “buy” rating to a “hold” rating and raised their target price for the company from $90.00 to $93.00 in a research note on Friday, May 5th.

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Shares of Estee Lauder Companies, Inc. (NYSE:EL) opened at 98.58 on Friday. The company has a market capitalization of $36.26 billion, a price-to-earnings ratio of 33.04 and a beta of 0.72. Estee Lauder Companies, Inc. has a one year low of $75.29 and a one year high of $99.82. The company’s 50 day moving average is $96.76 and its 200 day moving average is $89.25.

In related news, Director Charlene Barshefsky sold 2,383 shares of Estee Lauder Companies, Inc. (The) stock in a transaction on Monday, May 22nd. The shares were sold at an average price of $92.98, for a total value of $221,571.34. Following the sale, the director now owns 4,000 shares in the company, valued at $371,920. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director G. Scott Paterson purchased 500,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 9th. The stock was bought at an average price of $0.07 per share, for a total transaction of $35,000.00. Insiders sold 95,070 shares of company stock worth $9,023,304 in the last 90 days. Company insiders own 16.98% of the company’s stock.

Hedge funds have recently added to or reduced their stakes in the stock. Gulf International Bank UK Ltd boosted its stake in Estee Lauder Companies, Inc. (The) by 1.6% in the first quarter. Gulf International Bank UK Ltd now owns 70,853 shares of the company’s stock valued at $6,007,000 after buying an additional 1,100 shares during the period. Stock Yards Bank & Trust Co. boosted its stake in Estee Lauder Companies, Inc. (The) by 6.4% in the first quarter. Stock Yards Bank & Trust Co. now owns 73,088 shares of the company’s stock valued at $6,197,000 after buying an additional 4,384 shares during the period. Charter Trust Co. bought a new stake in Estee Lauder Companies, Inc. (The) during the first quarter valued at $206,000. Raymond James Trust N.A. boosted its stake in Estee Lauder Companies, Inc. (The) by 6.8% in the first quarter. Raymond James Trust N.A. now owns 7,061 shares of the company’s stock valued at $599,000 after buying an additional 448 shares during the period. Finally, New England Research & Management Inc. boosted its stake in Estee Lauder Companies, Inc. (The) by 5.1% in the first quarter. New England Research & Management Inc. now owns 13,425 shares of the company’s stock valued at $1,138,000 after buying an additional 650 shares during the period. Institutional investors and hedge funds own 54.73% of the company’s stock.

Estee Lauder Companies, Inc. (The) Company Profile

The Estee Lauder Companies Inc manufactures and markets skin care, makeup, fragrance and hair care products. The Company offers products, including skin care, makeup, fragrance, hair care and other. The Company operates in beauty products segment. The Company’s products are sold in over 150 countries and territories under brand names, including Estee Lauder, Aramis, Clinique, Prescriptives, Lab Series, Origins, Tommy Hilfiger, MAC, Kiton, La Mer, Bobbi Brown, Donna Karan New York, DKNY, Aveda, Jo Malone London, Bumble and bumble, Michael Kors, Darphin, Tom Ford, Smashbox, Ermenegildo Zegna, AERIN, Tory Burch, RODIN olio lusso, Le Labo, Editions de Parfums Frederic Malle, GLAMGLOW, By Kilian, BECCA and Too Faced.

Analyst Recommendations for Estee Lauder Companies, Inc. (The) (NYSE:EL)

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