Berenberg Bank analyst Fulvio Cazzol maintained a Buy rating on The Estée Lauder Companies on Monday, setting a price target of $383, which is approximately 12.04% above the present share price of $341.83.
Cazzol expects The Estée Lauder Companies to post earnings per share (EPS) of $2.81 for the third quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in The Estée Lauder Companies, with an average price target of $365.07.
The analysts price targets range from a high of $393 to a low of $335.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.94 billion and a net profit of $340 million. The company's market cap is $123.5 billion.
According to TipRanks.com, Berenberg Bank analyst Fulvio Cazzol is currently ranked with 2 stars on a 0-5 stars ranking scale, with an average return of 2.4% and a 51.52% success rate.
Founded in 1946, New York-based Estée Lauder Companies, Inc. manufactures and sells skin care, makeup, fragrance and hair care products. It offers its products through department stores, specialty multi-brand retailers, upscale perfumeries and pharmacies, and prestige salons and spas, under the Estée Lauder, Clinique, Origins, MžAžC, Bobbi Brown, La Mer, Jo Malone London, Aveda, and Too Faced brands.