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Update
In December 2021, I wrote about Coty (NYSE:COTY), with a focus on their transformation plan. After a while, we have seen a few rating upgrades such as from D.A Davidson
A Greener Coty: A Leader And A Role Model
Summary
- Coty leads its fragrance market with its first carbon-captured ethanol-based fragrance.
- It enjoys a positive result of its strong implementation towards cost savings.
- The company reflects positive street sentiment and is technically priced at an interesting level.
- This stock is relatively cheap against its peers and to its future cash flow.
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Analyst’s Disclosure:I/we have a beneficial long position in the shares of COTY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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