The Estée Lauder Companies, the Consumer Defensive sector company, was revisited by a Wall Street analyst today. Analyst Ashley Wallace from Bank of America Securities maintained a Buy rating on the stock and has a $110.00 price target.
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Ashley Wallace has given his Buy rating due to a combination of factors influencing The Estée Lauder Companies’ performance. Despite a decline in overall revenue in the June quarter, largely due to the timing of travel retail shipments, there are positive signs in other areas. The company’s North American market showed improvement with a mid-single-digit increase in retail trends, indicating a potential recovery.
Additionally, the Asian market, particularly China, is showing signs of growth, with sell-out trends increasing significantly. Although the luxury beauty category remains weak, and fragrance sales have slowed, the overall outlook for Estée Lauder is optimistic as the gap between sell-in and sell-out is expected to close in the first half of 2026. These factors contribute to the maintained Buy rating and a price objective of $110.
In another report released yesterday, Evercore ISI also maintained a Buy rating on the stock with a $115.00 price target.
Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of EL in relation to earlier this year.