Michael Burry's firm, Scion Asset Management, has doubled its investment in Estee Lauder.
Wall Street analysts set an average one-year price target of $65.47 for Estee Lauder.
Scion Asset Management, helmed by renowned investor Michael Burry , made significant moves in the first quarter of 2025 by doubling its stake in Estee Lauder (EL). The latest 13F filing reveals that Scion now owns 200,000 shares of the cosmetics giant, with the position valued at $13.2 million.
As per insights from 24 Wall Street analysts, The Estee Lauder Companies Inc is projected to have a one-year average price target of $65.47. Forecasts range from a high of $90.00 to a low of $51.90, pointing to a potential upside of 2.82% based on the current trading price of $63.67. Detailed analysis and ongoing updates can be accessed on the The Estee Lauder Companies Inc (EL).
The brokerage consensus, from 29 firms, rates Estee Lauder with an average recommendation of 3.0, denoting a "Hold" position. The scale for this rating system ranges from 1, representing a Strong Buy, to 5, indicating a Sell.
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