Citigroup Raises Estee Lauder Price Target to $120, Maintains Neutral Rating

The Estee Lauder Companies Inc (EL) shares surged 4.42% on Jan 13, reaching an intraday high of $118.59 and settling at $118.01. Trading volume was 1,562,409 shares, 48.0% of the average daily volume. Wall Street analysts forecast an average target price of $105.16, with a high estimate of $130.00 and a low estimate of $65.00. The estimated GF Value for EL in one year is $118.97, suggesting a 0.81% upside from the current price.