What Do Analysts Think About Coty Inc. (COTY)?

Group 1 - Coty Inc. (NYSE:COTY) is considered one of the best penny stocks to buy according to hedge funds, with a Buy rating from RBC Capital analyst Nik Modi on October 3 [1] - On October 1, Canaccord Genuity analyst Susan Anderson reiterated a Hold rating with a price target of $4.00, while Bank of America Securities and Barclays maintained Sell ratings with a price target of $3.5 [2] - Coty operates a portfolio of brands in color cosmetics, fragrance, and skin and body care, including luxury brands like Gucci, Marc Jacobs, and Kylie Cosmetics [3] Group 2 - Coty's mass beauty products are primarily sold through various retail channels, including supermarkets, hypermarkets, drugstores, and e-commerce retailers [4]