e.l.f. Beauty – Consensus Indicates Potential 66.3% Upside

Broker Ratings
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e.l.f. Beauty found using ticker (ELF) have now 9 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The target price ranges between 41 and 29 calculating the mean target price we have 35.33. With the stocks previous close at 21.25 this would imply there is a potential upside of 66.3%. The day 50 moving average is 24.52 and the 200 day MA is 28.42. The company has a market capitalisation of $1,130m. 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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