Wells Fargo Keeps Their Hold Rating on The Estée Lauder Companies Inc (EL)

By Jason Carr

Wells Fargo analyst Bonnie Herzog maintained a Hold rating on The Estée Lauder Companies Inc (ELResearch Report) today and set a price target of $155. The company’s shares closed yesterday at $167.10, close to its 52-week high of $169.47.

According to TipRanks.com, Herzog is a 4-star analyst with an average return of 5.3% and a 66.7% success rate. Herzog covers the Consumer Goods sector, focusing on stocks such as Constellation Brands Inc, Edgewell Personal Care, and Monster Beverage Corp.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for The Estée Lauder Companies Inc with a $168.43 average price target.

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The company has a one-year high of $169.47 and a one-year low of $121.47. Currently, The Estée Lauder Companies Inc has an average volume of 1.85M.

Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is negative on the stock. Last month, Rose Marie Bravo, a Director at EL sold 12,159 shares for a total of $1,917,231.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The Estée Lauder Companies, Inc. engages in the manufacture of skin care, makeup, fragrance and hair care products. It sells products under the following brand names: Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced.