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The Estée Lauder Companies (EL) Gets a Hold from Wells Fargo

Tipranks - Tipranks - Thu Apr 9, 5:38AM CDT

In a report released today, Christopher Carey from Wells Fargo maintained a Hold rating on The Estée Lauder Companies, with a price target of $75.00.

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According to TipRanks, Carey is a 3-star analyst with an average return of 1.4% and a 47.70% success rate. Carey covers the Consumer Defensive sector, focusing on stocks such as Church & Dwight, Clorox, and Colgate-Palmolive.

In addition to Wells Fargo, The Estée Lauder Companies also received a Hold from UBS’s Peter Grom in a report issued yesterday. However, on March 30, Deutsche Bank maintained a Buy rating on The Estée Lauder Companies (NYSE: EL).

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Based on The Estée Lauder Companies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $4.24 billion and a net profit of $162 million. In comparison, last year the company earned a revenue of $4 billion and had a GAAP net loss of $590 million

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