e.l.f. Beauty – Consensus Indicates Potential 50.2% Upside

Broker Ratings
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e.l.f. Beauty with ticker code (ELF) have now 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 41 and 29 with the average target price sitting at 35.33. With the stocks previous close at 23.52 this is indicating there is a potential upside of 50.2%. The 50 day MA is 25.53 and the 200 moving average now moves to 28.77. The market capitalisation for the company is $1,271m. Visit the company website at: https://www.elfcosmetics.com

The potential market cap would be $1,909m 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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