Coty Inc (NYSE: COTY) stock closed at $8.18 on 10/15/24 after a major decline of -10.8%. Moreover, trading volume in this decline was exceptionally high at 384% of normal. Relative to the market the stock has been weak over the last nine months and has declined -12.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, COTY is expected to continue to be a major Value Builder.
Coty has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Coty has a poor Appreciation Score of 28 and a poor Power Rating of 27, triggering the Lowest Value Trend Rating.
Rating Review
In light of this highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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