Trading Report: Today, e.l.f. Beauty Inc (ELF) Coverage Initiated at William Blair

Today, e.l.f. Beauty Inc (ELF) Coverage Initiated at William Blair

Research analysts at William Blair started coverage on shares of e.l.f. Beauty Inc (NYSE:ELF) in a report issued on Monday, The Fly reports. The brokerage set an “outperform” rating on the stock.

A number of other research analysts also recently commented on ELF. Piper Jaffray Cos. assumed coverage on shares of e.l.f. Beauty in a report on Monday. They issued an “overweight” rating for the company. Stifel Nicolaus assumed coverage on shares of e.l.f. Beauty in a report on Monday. They issued a “hold” rating and a $25.00 price target for the company. JPMorgan Chase & Co. began coverage on shares of e.l.f. Beauty in a report on Monday. They issued a “neutral” rating for the company. Finally, Wells Fargo & Co. began coverage on shares of e.l.f. Beauty in a research note on Monday. They issued a “market perform” rating for the company. Three equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $25.00.

Shares of e.l.f. Beauty (NYSE:ELF) opened at 26.94 on Monday. e.l.f. Beauty has a 1-year low of $23.73 and a 1-year high of $28.92. The stock’s market cap is $83.73 million. The company has a 50 day moving average price of $26.37 and a 200 day moving average price of $26.37.

In other e.l.f. Beauty news, major shareholder Cosmetics Corp. J.A. sold 1,457,901 shares of the firm’s stock in a transaction dated Tuesday, September 27th. The shares were sold at an average price of $15.81, for a total value of $23,049,414.81. Following the completion of the sale, the insider now owns 8,279,999 shares of the company’s stock, valued at $130,906,784.19. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

e.l.f. Beauty Company Profile

e.l.f. Beauty, Inc is a holding company that offers its services in the cosmetics category. The Company’s cosmetics category consists of face makeup, eye makeup, lip products, nail products and cosmetics sets/kits, and excludes beauty tools and accessories, such as brushes and applicators. It offers various brands in the cosmetics industry.

Related posts

Leave a Comment