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Citigroup upgrades Coty outlook to buy with significant price target increase

Citigroup upgraded Coty's outlook from Neutral to Buy on March 20, 2025, with an average one-year price target of €8.13/share, indicating a potential upside of 57.89% from its closing price of €5.15/share. Institutional ownership has increased, with 665 funds reporting positions, and total shares owned rising by 4.28% to 428,627K shares. Notable shareholders include Bnp Paribas Arbitrage, Banco Santander, and Ameriprise Financial, each adjusting their portfolio allocations in recent months.

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