Meanwhile, Raymond James downgraded its Coty Inc [COTY] rating to a Mkt perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid April from “a Buy” to “an Underperform”. Exane BNP Paribas also remained covering COTY and has decreased its forecast on April 11, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Barclays maintained its rating on March 27, 2025. It rated COTY as “an Underweight”.
Price Performance Review of COTY
On Monday, Coty Inc [NYSE:COTY] saw its stock jump 0.20% to $4.98. Over the last five days, the stock has gained 4.18%. Coty Inc shares have fallen nearly -28.45% since the year began. Nevertheless, the stocks have fallen -57.44% over the past one year. While a 52-week high of $11.77 was reached on 01/27/25, a 52-week low of $4.56 was recorded on 04/17/25. SMA at 50 days reached $5.40, while 200 days put it at $7.52.
Levels Of Support And Resistance For COTY Stock
The 24-hour chart illustrates a support level at 4.92, which if violated will result in even more drops to 4.85. On the upside, there is a resistance level at 5.05. A further resistance level may holdings at 5.11. The Relative Strength Index (RSI) on the 14-day chart is 44.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.16%. Stochastics %K at 50.78% indicates the stock is a holding.
How much short interest is there in Coty Inc?
A steep rise in short interest was recorded in Coty Inc stocks on 2025-04-15, growing by 2.56 million shares to a total of 19.36 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 16.81 million shares. There was a rise of 13.2%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 25, 2025 when Berenberg began covering the stock and recommended ‘”a Buy”‘ rating along with a $7.50 price target.
