e.l.f. Beauty – Consensus Indicates Potential 21.7% Upside

Broker Ratings
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e.l.f. Beauty with ticker code (ELF) have now 10 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 40 and 34 calculating the average target price we see 36.7. Given that the stocks previous close was at 30.16 this would imply there is a potential upside of 21.7%. The 50 day MA is 31.26 and the 200 moving average now moves to 29.51. The market capitalisation for the company is $1,545m. Visit the company website at: https://www.elfcosmetics.com

The potential market cap would be $1,880m based on the market concensus.

e.l.f. Beauty, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f., W3LL PEOPLE, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, and skin care products. It sells its products through national and international retailers and direct-to-consumer channels, which include e-commerce platforms in the United States; and internationally primarily through distributors. The company was formerly known as J.A. Cosmetics Holdings and changed its name to e.l.f. Beauty in April 2016. e.l.f. Beauty was founded in 2004 and is headquartered in Oakland, California.

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