Coty | COTY | Long at $3.00NYSE:COTY , one of the world's largest beauty companies, is known for its extensive portfolio of fragrances, cosmetics, skincare, and body care brands, such as:
Adidas
Bourjois
Bozzano
Bruno Banani
Burberry
Calvin Klein
Cenoura & Bronze
Chloé
CoverGirl
David Beckham
Davidoff
Escada
Etro
Gabriela Sabatini
Gucci
Hugo Boss
Infiniment Coty Paris
Jawhara
Jil Sander
Joop!
Jovan
Kylie Cosmetics
Kylie Skin
Lancaster
Leger by Lena Gercke
Manhattan
Marc Jacobs
Marni
Max Factor
Mexx
Miss Sporty
Monange
Nautica
Orveda
Paixao
Philosophy
Rimmel
Risqué
Sally Hansen
Swarovski
Tiffany & Co.
Vera Wang
Technical Analysis
Price double bounced off the top level of my selected historical "crash" simple moving average band. While the price may dip further to touch the lower end of this band (low $2 zone), this band is typically where share accumulation begins before a price reversal. The price may trade sideways for some time or jettison up, but my long-term outlook will simply require patience. Growth projections are modest and hinge on the company's successful execution of strategic restructuring and turnaround plans, delivery on new product launches and growth initiatives, and leadership stability / clear catalysts. Thus, at $3.00, NYSE:COTY is in a personal buy zone and not recommended for the risk averse.
Targets into 2028
$3.50 (+16.7%)
$4.70 (+56.7%)
