Coty Price Targets Cut to EUR2.55, $8 and $3.50 After Guidance Withdrawal
One analyst cut Coty’s price target to EUR2.55 from EUR3.62, while RBC Capital lowered its target to $8 from $10 and Morgan Stanley trimmed its to $3.50 from $4.25, all maintaining neutral-to-outperform ratings. The company beat organic sales estimates this quarter but withdrew FY26 guidance under interim CEO Markus Strobel.
1. Analyst Price Target Cuts
Three major firms adjusted Coty price targets this month: one cut to EUR2.55 from EUR3.62 while maintaining a Hold rating, RBC Capital lowered its target to $8 from $10 with an Outperform rating, and Morgan Stanley trimmed its target to $3.50 from $4.25, keeping an Equal Weight rating.
2. Quarterly Performance
Coty delivered a beat on organic sales for its most recent quarter, though overall Q2 results were slightly below internal plan and failed to meet collective Q3 EBITDA guidance expectations, signaling uneven momentum across its luxury and mass beauty segments.
3. Guidance Withdrawal and Leadership Change
The company withdrew its FY26 outlook, citing limited visibility under its transitional leadership, as interim CEO Markus Strobel steps in to stabilize operations and restore growth momentum across its fragrance, color cosmetics, and skin care brands.