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COTY

Great Entry Point for COTYWe are seeing a great entry point for NYSE:COTY . The company has been hit by the current crisis and the stock has plunged after the Earnings Report released this Monday 5/11. Investors have left their positions due to concerns around financial conditions, bad results and dividends on hold. Currently, the stock is on its historical lows, which makes it a great entry. COTY announced a deal with KKR , and will receive an immediate $750M investment. The entire transaction could result in additional cash proceeds of approximately $3 billion . With this liquidity injection and a strong capital back-up, COTY is likely to strengthen its position against EURONEXT:OR , NYSE:EL , and other competitors. The current analyst price targets reiterated on 5/12 are between $8 (RBC Capital) and $6 (Deutsche Bank). Recent hedge fund activity is also in line with positive sentiment around COTY stock. For more details check the research tab in the stock details here at eToro. I believe in COTY as a company with strong foundations because it is a strong global player: #1 in fragrances #2 in salon hair #3 in color cosmetics NYSE:SBH NASDAQ:ULTA AMEX:XLY NYSE:PG
NYSE:COTYLong
by vdostalik
5
Coty - turnaround ahead?For a very long period of time NYSE:COTY was a troubled company with deteriorating fundamentals. However, right now, it is trying to transform itself and improve both financials and position in the market. Top management really believes in turnaround, insiders purchased around $100 million in stock last year!!! And now it looks like stock might be finally ready to go much higher also from technical perspective. Large inverted H&S in the making, and strong breakout of bullish flag yesterday. Volume also supports higher prices ahead, (you can see that on up days it is much higher compared to down days). So low risk entry at current prices with stop just below recent lows might yield very good investment returns. I am buying.
NYSE:COTYLong
by Silvestrov
COTY trade update longCOTY together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. The company operates in three segments: Luxury, Consumer Beauty, and Professional Beauty and has $9.49B market cap. Recently they bought 51% stake in Kylie Cosmetics, Kylie Jenner’s beauty company. Stock expected to continue rising. Downtrend line tested 3rd time on the news release of the purchase and confirmed. Going into wave 3, buy the break of resistance and trend line. Early entry possible is we make a low again before the spike with best risk-reward. Good Luck!
NYSE:COTY
by Antonio_trader