Beauty Industry, Mergers and Acquisitions

Estee Lauder On Track To Grow, Analysts Say

The Estee Lauder Company's shares are a good buy, experts say.

Shares of Estee Lauder Companies Inc. have risen by 0.31% in the last six trading days and 2.65% for the last 4 weeks – and stock analysts say the company is on track for continued growth.

ELC has also received a top “Growth Style” score from the analysts at the investment firm Zack’s Research. The growth score is based on company financials as well as the company’s prospects for future growth.

 Zacks has created a simplified scale where the number one represents a Strong Buy and the number five represents a Strong Sell. Using this simplified scale, ELC has a rating of 1.5, according to The Enterprise Leader.


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