Wall Street is positive on Estee Lauder Companies Inc (EL). On average, analysts give Estee Lauder Companies Inc a Buy rating. The average price target is $183.333, which means analysts expect the stock to fall by -7.37% over the next twelve months.
That average ranking earns Estee Lauder Companies Inc an Analyst Rating of 28, which is better than 28% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
A company's financial statements are a significant factor weighted by experts when analyzing a company's health. Beyond just the numbers, analysts follow specific industries closely and are able to gain a detailed understanding of how a storm in one part of the world can shutdown supply chains leading to a change in consumption across the globe. This knowledge allows investors to respond to potential changes in the market before they are revealed in a quarterly annoucement.
Investors Observer averages the ratings across all these analysts and percentile ranks those averages. This allows you to compare stocks in greater detail than the usual five-tiered system used amongst the majority of investors.
What's Happening With Estee Lauder Companies Inc Stock Today?
Estee Lauder Companies Inc (EL) stock is trading at $197.93 as of 11:43 AM on Thursday, May 28, a rise of $4.37, or 2.26% from the previous closing price of $193.56. The stock has traded between $193.46 and $199.05 so far today. Volume today is low. So far 772,188 shares have traded compared to average volume of 1,906,355 shares.