RBC Capital Maintains Estee Lauder Cos., Inc. – (EL) Outperform Recommendation

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Fintel experiences that on May 4, 2023, RBC Capital maintained protection of Estee Lauder Cos., Inc. – (NYSE:EL) with a Outperform suggestion.

Analyst Price Forecast Suggests 45.76% Upside

As of April 24, 2023, the common one-12 months price target for Estee Lauder Cos., Inc. – is 295.46. The forecasts vary from a low of 252.50 to a excessive of $336.00. The common value goal represents a rise of 45.76% from its newest reported closing value of 202.70.

See our leaderboard of companies with the biggest value goal upside.

The projected annual income for Estee Lauder Cos., Inc. – is 17,086MM, a rise of seven.72%. The projected annual non-GAAP EPS is 5.48.

What is the Fund Sentiment?

There are 2160 funds or institutions reporting positions in Estee Lauder Cos., Inc. -. This is a rise of 101 proprietor(s) or 4.91% within the final quarter. Average portfolio weight of all funds devoted to EL is 0.42%, a rise of 9.76%. Total shares owned by establishments elevated within the final three months by 0.25% to 231,929K shares. The put/call ratio of EL is 0.82, indicating a bullish outlook.

What are Other Shareholders Doing?

EL / Estee Lauder Cos., Inc. - Class A Shares Held by Institutions

VTSMX – Vanguard Total Stock Market Index Fund Investor Shares holds 6,329K shares representing 1.77% possession of the corporate. In it is prior submitting, the agency reported proudly owning 6,213K shares, representing a rise of 1.84%. The agency elevated its portfolio allocation in EL by 8.11% during the last quarter.

Edgewood Management holds 6,235K shares representing 1.75% possession of the corporate. In it is prior submitting, the agency reported proudly owning 7,018K shares, representing a lower of 12.57%. The agency elevated its portfolio allocation in EL by 4.10% during the last quarter.

Fundsmith LLP holds 5,680K shares representing 1.59% possession of the corporate. In it is prior submitting, the agency reported proudly owning 5,956K shares, representing a lower of 4.87%. The agency elevated its portfolio allocation in EL by 5.44% during the last quarter.

VFINX – Vanguard 500 Index Fund Investor Shares holds 5,346K shares representing 1.50% possession of the corporate. In it is prior submitting, the agency reported proudly owning 5,255K shares, representing a rise of 1.71%. The agency elevated its portfolio allocation in EL by 7.72% during the last quarter.

Royal Bank Of Canada holds 4,799K shares representing 1.34% possession of the corporate. In it is prior submitting, the agency reported proudly owning 4,417K shares, representing a rise of seven.96%. The agency elevated its portfolio allocation in EL by 13.74% during the last quarter.

Estee Lauder Cos. Background Information
(This description is supplied by the corporate.)

The Estée Lauder Companies Inc. is without doubt one of the world’s main producers and entrepreneurs of high quality skincare, make-up, perfume and hair care merchandise. As the worldwide chief in status magnificence, Estée Lauder touches over half a billion customers a 12 months. The Company’s merchandise are offered in over 150 international locations and territories beneath the next model names: AERIN, Aramis, Aveda, BECCA, Bobbi Brown, Bumble and bumble, By Kilian, Clinique, Darphin, Donna Karan, DKNY, Dr. Jart+, Editions de Parfums Frédéric Malle, Ermenegildo Zegna, Estée Lauder, GLAMGLOW, Jo Malone London, Kiton, La Mer, Lab Series, Le Labo, M•A•C, Michael Kors, Origins, Prescriptives, RODIN olio lusso, Smashbox, Tom Ford, Tommy Hilfiger and Too Faced.

See all Estee Lauder Cos., Inc. – regulatory filings.

This story initially appeared on Fintel.

The views and opinions expressed herein are the views and opinions of the writer and don’t essentially mirror these of Nasdaq, Inc.



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