Urban Edge Properties (UE) Forms $21.24 Double Bottom; Last Week Coty Inc. (COTY) Coverage

Coty Inc. (NYSE:COTY) Logo

Among 16 analysts covering Coty (NYSE:COTY), 6 have Buy rating, 2 Sell and 8 Hold. Therefore 38% are positive. Coty had 53 analyst reports since July 21, 2015 according to SRatingsIntel. The stock has “Sell” rating by B. Riley & Co on Friday, August 14. As per Thursday, September 29, the company rating was upgraded by B. Riley & Co. BMO Capital Markets maintained Coty Inc. (NYSE:COTY) rating on Wednesday, April 5. BMO Capital Markets has “Buy” rating and $24 target. Stifel Nicolaus maintained it with “Buy” rating and $25.0 target in Monday, August 21 report. The firm earned “Neutral” rating on Friday, November 10 by DA Davidson. Stifel Nicolaus maintained it with “Buy” rating and $2500 target in Friday, June 23 report. The rating was initiated by Berenberg with “Sell” on Friday, September 9. The stock of Coty Inc. (NYSE:COTY) has “Outperform” rating given on Thursday, December 21 by RBC Capital Markets. The firm has “Neutral” rating by Bank of America given on Monday, April 18. BMO Capital Markets maintained Coty Inc. (NYSE:COTY) on Friday, November 10 with “Outperform” rating. See Coty Inc. (NYSE:COTY) latest ratings:

12/02/2018 Broker: JP Morgan Old Rating: Underweight New Rating: Underweight Old Target: $15 New Target: $17 Maintain
09/02/2018 Broker: Barclays Capital Rating: Hold New Target: $20.0
08/02/2018 Broker: Stifel Nicolaus Rating: Buy New Target: $23.0 Maintain
09/02/2018 Broker: Citigroup Old Rating: Buy New Rating: Buy Old Target: $21 New Target: $23 Maintain
08/02/2018 Broker: BMO Capital Markets Rating: Buy New Target: $24.0 Maintain
21/12/2017 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform Upgrade
12/12/2017 Broker: Citigroup Rating: Buy New Target: $21.0 Upgrade
10/11/2017 Broker: BMO Capital Markets Rating: Outperform Old Target: $24 New Target: $22 Maintain
10/11/2017 Broker: DA Davidson Rating: Neutral Old Target: $17.5 New Target: $18 Maintain
20/10/2017 Broker: RBC Capital Markets Rating: Hold New Target: $18.0 Maintain

Urban Edge Properties (UE) formed double bottom with $20.18 target or 5.00% below today’s $21.24 share price. Urban Edge Properties (UE) has $2.68 billion valuation. The stock decreased 0.42% or $0.09 during the last trading session, reaching $21.24. About 509,382 shares traded. Urban Edge Properties (NYSE:UE) has declined 20.36% since April 12, 2017 and is downtrending. It has underperformed by 31.91% the S&P500.

Investors sentiment decreased to 0.95 in 2017 Q4. Its down 0.22, from 1.17 in 2017Q3. It fall, as 29 investors sold Coty Inc. shares while 112 reduced holdings. 42 funds opened positions while 92 raised stakes. 499.23 million shares or 2.30% less from 510.97 million shares in 2017Q3 were reported. State Treasurer State Of Michigan, a Michigan-based fund reported 138,389 shares. Proshare Advisors Lc has invested 0.01% in Coty Inc. (NYSE:COTY). Advantus Cap stated it has 0.02% of its portfolio in Coty Inc. (NYSE:COTY). Da Davidson & holds 0.04% in Coty Inc. (NYSE:COTY) or 91,395 shares. Moreover, Mitsubishi Ufj Trust & has 0.03% invested in Coty Inc. (NYSE:COTY) for 953,601 shares. Greenleaf Tru has invested 0% in Coty Inc. (NYSE:COTY). Jfs Wealth Limited Liability holds 0.01% of its portfolio in Coty Inc. (NYSE:COTY) for 1,081 shares. Jane Street Group Ltd Limited Liability Company invested in 0% or 57,084 shares. Stifel Financial reported 97,351 shares or 0.01% of all its holdings. Dynamo Internacional Gestao De Recursos Ltda accumulated 2.63% or 911,473 shares. 99,649 were accumulated by Millennium Limited Liability. Quantres Asset reported 0.41% stake. Nordea Mgmt accumulated 18,177 shares or 0% of the stock. Sumitomo Mitsui Asset Limited holds 35,418 shares. Invesco Ltd has 1.20M shares.

Since February 12, 2018, it had 1 buy, and 0 sales for $84.48 million activity. 4.10 million Coty Inc. (NYSE:COTY) shares with value of $84.48 million were bought by JAB Cosmetics B.V..

Coty Inc., together with its subsidiaries, makes, markets, sells, and distributes beauty products worldwide. The company has market cap of $13.70 billion. It operates in three divisions: Consumer Beauty, Luxury, and Professional Beauty. It currently has negative earnings. The Consumer Beauty segment offers color cosmetics, retail hair coloring and styling products, body care products, and mass fragrances primarily through hypermarkets, supermarkets, drug stores and pharmacies, mid-tier department stores, and traditional food and drug retailers, as well as own branded e-commerce and direct to consumer Websites.

The stock increased 0.77% or $0.14 during the last trading session, reaching $18.27. About 2.98M shares traded. Coty Inc. (NYSE:COTY) has risen 0.16% since April 12, 2017 and is uptrending. It has underperformed by 11.39% the S&P500.

Analysts await Urban Edge Properties (NYSE:UE) to report earnings on May, 2 after the close. They expect $0.32 earnings per share, down 3.03% or $0.01 from last year’s $0.33 per share. UE’s profit will be $40.44M for 16.59 P/E if the $0.32 EPS becomes a reality. After $0.34 actual earnings per share reported by Urban Edge Properties for the previous quarter, Wall Street now forecasts -5.88% negative EPS growth.

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