e.l.f. Beauty – Consensus Indicates Potential 5.2% Upside

Broker Ratings
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e.l.f. Beauty with ticker code (ELF) now have 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 42 and 24 calculating the mean target price we have 33.44. Given that the stocks previous close was at 31.8 this would imply there is a potential upside of 5.2%. The 50 day moving average now sits at 26.53 and the 200 day MA is 28.02. The market cap for the company is $1,669m. Company Website: https://www.elfcosmetics.com

The potential market cap would be $1,755m based on the market concensus.

e.l.f. Beauty, together with its subsidiaries, provides cosmetic and skin care products under the e.l.f. Cosmetics, e.l.f. Skin, Well People, and Keys Soulcare brand names worldwide. The company offers eye, lip, face, face, paw, 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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